Tariff Time: America Will Soon Feel the Pain of the U.S.-China Trade War

The long U.S.-China trade war is about to hit another mile marker.New tariffs, announced in May on $200 billion worth of imports from China, and $60 billion worth of exports to China, go into effect June 1.Tariffs are a tax on American consumers and businesses, and the administration has already begun a process to increase tariffs even more.The U.S.-China trade war persists in American headlines. It’s clear that the punitive tariffs imposed by the Trump administration have far-reaching implications for a host of U.S. sectors—from retail to farming—while changing little of China’s economic practices.The American people have yet to hear clear economic reasoning from the administration regarding the continued hikes in tariffs, other than the fact that negotiations with China are difficult. Americans deserve a real, economic justification from the White House for the continued increase in tariffs. Congress also has an important role to play in helping Americans understand the implications of the ongoing trade war.

from Yahoo News - Latest News & Headlines https://yhoo.it/2QNe93M

Comments

REPORT: Furious Spike Lee Paces Aisle, Turns Back To Stage...

REPORT: Furious Spike Lee Paces Aisle, Turns Back To Stage... (Top headline, 5th story, link ) Related stories: REVIEW: Hostless Show Starts With Rock & Rolls Off Rails... Actor knocks borders, walls during speech in Spanish... Stage designed to look like Trump hair? 'GREEN BOOK' OVERCOMES BACKLASH, NABS BEST PICTURE... Top Critics Fume... LIST: WINNERS... Advertise here from Drudge Report Feed https://ift.tt/2SUpIKy

Tiny Love Stories: ‘Who Was I to Deprive Him of Joy?’

By Unknown Author from NYT Style https://ift.tt/2UV7YAG

The Ugly History of Dual-Loyalty Charges

When Representative Ilhan Omar recently complained about “the political influence in this country that says it is okay to push for allegiance to a foreign country,” many noted accurately that she had deployed a trope—dual loyalty—that had been used against Jews for years. But this accusation has a broader history in the United States, having been used against several religious minorities—including Muslims like Omar. Indeed, many battles over religious freedom have revolved around dual-loyalty claims. [ Read: Ilhan Omar just made it harder to have a nuanced debate about Israel ] In the 19th century, many attacks on Catholics stressed that these immigrants were pawns of a foreign power. In the 1830s, Samuel Morse—then a prominent painter and later the inventor of the telegraph—urged Americans to build “walls” and “gates” to keep out Catholic immigrants, who would always be loyal to Rome. Because these Catholic immigrants were decrepit —“halt, and blind, and naked”—they were easy to co...

KnightViral

Search This Blog