Advertisement

Trump: Biden Lifting China Tariffs a “Terrible Mistake”

Former President Donald Trump said it would be a “terrible mistake” if the Biden administration decided to combat inflation by lifting tariffs on Chinese goods. Moreover, Trump said such a decision would make the United States look “weak.”“Believe it or not, it is looking more and more like the United States is getting ready to remove the tariffs on China. This would be a terrible mistake,” Trump said in a statement released on his Truth Social account on July 5.
“Doing this would be the greatest gift that China could ever receive,” Trump continued. “Taking these tariffs off would be a clear signal that the United States is weak, ineffective, and doing business as usual.”
Trump began hitting China with tariffs after a United States Trade Representative (USTR) investigation in 2018 found that the communist regime was engaging in illegal practices, including excessive government subsidies and intellectual property theft.
Beijing retaliated by slappings tariffs on U.S. goods, bringing the two nations into a trade war.
Then‑U.S. President Donald Trump signs trade sanctions against China in the Diplomatic Reception Room of the White House in Washington on March 22, 2018. (Mandel Ngan/AFP via Getty Images)The two countries signed a trade deal in January 2020, requiring China to buy an additional $200 billion in U.S. goods and services during 2020 and 2021, compared to the 2017 level.
However, the Chinese Communist …

Leave a Reply

Your email address will not be published. Required fields are marked *

U.S. National Debt

The current U.S. national debt:
$34,581,882,240,753
Send this to a friend