Trump walloped from right over tariff's worst victims

Wednesday, August 7, 2019
 | 
Chris Woodward, Billy Davis (OneNewsNow.com)

China Shipping Line (Chinese goods)President Donald Trump plans more tariffs for Chinese-made goods flowing into the United States, the latest White House threat in an ongoing trade dispute with America’s biggest trading partner.

Unless something changes between now and September 1, the Trump administration will apply 10 percent tariffs on another $300 billion worth of goods from China which includes everything from shoes and apparel to household appliances, baby cribs, and electronics.

Beijing responded to the announced tariffs by letting its currency sink to the lowest level in a decade on Monday.

The communist country also ordered state-owned companies to refuse to buy U.S. agricultural products, which hurts farmers already reeling from China playing political trading games with products such as soybeans and corn.   

Trump and Chinese presidentChina has enjoyed lopsided trade deficits with the United States for years, and ignored complaints that it manipulates its currency, but the Trump administration has vowed to bring China to the negotiating table. One strategy is tariffs.

Yet groups such as The Heritage Foundation, a conservative think tank respected by Republicans, has been sounding the alarm over tariffs hurting the U.S. instead of the Chinese government.  

"We don't disagree with the complaints that the Trump administration has," says Heritage policy analyst Riley Walters, who studies Asian economies and technology. "Obviously the requirements that U.S. businesses have to jump through to get access to the Chinese market are concerning, (and) the issues of intellectual property theft, we'd like to see that to stop. But these problems have specific answers to them and taxing Americans is not the way to get to it."

During an August 6 press gaggle outside the White House, President Trump was asked if tariffs are hurting U.S. farmers. He insisted the U.S. is taking in “billions and billions of dollars” from China and that money helps farmers who have been “targeted” by China.

farmer plowingThe farmers will come out “whole,” he added.

But the President’s comment was fact-checked live by Fox News host Neil Cavuto, who told viewers he “didn’t know what [Trump] was saying” about China because tariffs hurt Americans.

“I don’t know where to begin here,” the Fox News host said. “Just to be clarifying, China isn’t paying these tariffs. You are.”

According to Walters, approximately one out of five items imported into the U.S. come from China.

On the issue of intellectual property theft, Walters says Heritage recommends identifying the Chinese companies who are stealing from U.S. companies and punish them.  

“Right now we're just basically hitting everything,” she complains, “(and) what we need is a targeted attack on the people who are actually abusing our rights and breaking the law."

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