The Trump administration’s proposed tariffs on $50 billion of Chinese imports, coupled with retaliation promised by China, would reduce U.S. gross domestic product by nearly $3 billion and destroy 134,000 American jobs, according to a new study released today by the National Retail Federation and the Consumer Technology Association. The report finds that four jobs would be lost … [Read more...] about Tariffs Against China Would Destroy Thousands of American Jobs
trade war
U.S. Senator for Nebraska Ben Sasse on Trump’s Trade War
“He’s threatening to light American agriculture on fire.” U.S. Senator Ben Sasse, who represents one of the most pro-trade states in the country, issued the following statement regarding President Trump’s new $100 billion of tariffs. “Hopefully the President is just blowing off steam again but, if he's even half-serious, this is nuts. China is guilty of many things, but … [Read more...] about U.S. Senator for Nebraska Ben Sasse on Trump’s Trade War
Congressman Steve King King on Trade War/Tariffs: Don’t Repeat Jimmy Carter’s Economic Mistakes
Congressman Steve King appeared on Fox News' "Your World with Neil Cavuto" to discuss King's concerns that America could be entering the early stages of a trade war with China. King is extremely concerned that the economic consequences of a trade war would fall disproportionately on American agriculture, such as pork and soybeans. In a particularly insightful and poignant … [Read more...] about Congressman Steve King King on Trade War/Tariffs: Don’t Repeat Jimmy Carter’s Economic Mistakes