First time visitor? Learn more.
  • No content found in .

  • Trump Invokes Section 301

    by coldwarrior ( 115 Comments › )
    Filed under China, Donald Trump, Economy, Open thread at August 14th, 2017 - 6:30 pm

    Finally, I’ve waited too many years for a President to do this. The free ride for China and the rest is now over. Now starts the investigation and retaliation for dumping billions of dollars  goods on our shores, stolen ideas, violated property rights, and outright theft of US technology.

    SECTION 301

    Section 301 of the Trade Act of 1974 provides the United States with the authority to enforce trade agreements, resolve trade disputes, and open foreign markets to U.S. goods and services. It is the principal statutory authority under which the United States may impose trade sanctions on foreign countries that either violate trade agreements or engage in other unfair trade practices. When negotiations to remove the offending trade practice fail, the United States may take action to raise import duties on the foreign country’s products as a means to rebalance lost concessions.

    The list of products on which the United States raises import duties is called a “retaliation list.” Products included on a retaliation list are carefully selected to minimize the adverse impact on U.S. consumers, firms, and workers. I&A’s Office of Trade Negotiations and Analysis is responsible for developing all retaliation lists implemented by the United States Trade Representative.

     

    Listen to President Trumps comments very carefully:

     

    This received just about ZERO press today. Why is that? Well, we can’t have the American Citizens understanding what just happened to them over the past 30 years. If the press covered it, they would have to state why 301 is being invoked. By stating why, that lets the cat out of the bag for the people who don’t follow this sort of economic action…meaning, most folks.  The people would have to be told how they got played like SUKKAZ by the GOPe and the Democrats…and well, we can’t have that sort of info getting out. SO the Press will ignore this.

    Comments

    Comments and respectful debate are both welcome and encouraged.

    Comments are the sole opinion of the comment writer, just as each thread posted is the sole opinion or post idea of the administrator that posted it or of the readers that have written guest posts for the Blogmocracy.

    Obscene, abusive, or annoying remarks may be deleted or moved to spam for admin review, but the fact that particular comments remain on the site in no way constitutes an endorsement of their content by any other commenter or the admins of this Blogmocracy.

    We're not easily offended and don't want people to think they have to walk on eggshells around here (like at another place that shall remain nameless) but of course, there is a limit to everything.

    Play nice!

    Comments are closed.

    Back to the Top

    The Blogmocracy

    website design was Built By All of Us