Friday, July 21, 2023

Sen. Josh Hawley Promotes Raising Tariffs on China: ‘Rebuild the Middle Class’ - JOE BIDEN SAYS SURRENDER TO RED CHINA AND WATCH HUNTER'S POCKETS FILL UP

 

Exclusive — Sen. Josh Hawley Promotes Raising Tariffs on China: ‘Rebuild the Middle Class’

Jack Knudsen / Breitbart News
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The United States must bring back the jobs “globalists sent overseas” to China in order to “rebuild the middle class,” Sen. Josh Hawley (R-MO) told Breitbart News on Sunday. 

Hawley detailed how raising tariffs on China would help rebuild industry in the United States. The senator introduced a bill in May called “Raising Tariffs on Imports from China Act” which would require the president to impose an additional duty of 25 percent on all goods imported from China if a bilateral deficit is recorded during the preceding calendar year. He introduced another bill this year that would revoke China’s normal trade relations status and subject imports from China to a higher base tariff rate. 

“What [higher tariffs on China] would achieve is getting jobs back in this country. What it would achieve is bringing industry back to America,” Hawley said during an interview in West Palm Beach, Florida, at the 2023 Turning Point Action Conference. 

“We need to rebuild our industry in this nation. We need good blue-collar jobs that you can raise a family on, and we need to rebuild our communities. What’s happened is, since we gave China most favored nation status and basically extremely low tariffs, they have taken 4 million jobs from us — 4 million since the year 2000. I mean, it’s time to reverse that and bring all of those jobs home,” he said. 

Hawley said doing so would help “rebuild the middle class” by giving Americans “a chance to get good-paying jobs again.”

“Those jobs in production and manufacturing that the globalists sent overseas, pay more than jobs in retail or service, which is what they’ve tried to push middle class people into,” he said. “We need good paying jobs in the middle of this country and all around this country that people can raise a family on.”


Jim Banks Issues Plan to End U.S. Free Trade with China as Corporations Lobby to Keep Chinese Access

WASHINGTON, DC - JUNE 08: U.S. Rep. Jim Banks (R-IN) speaks at a press conference following a Republican caucus meeting at the U.S. Capitol on June 08, 2022 in Washington, DC. The group of lawmakers spoke out against the January 6 Committee hearings that begin tomorrow and also called on …
Kevin Dietsch/Getty Images

Rep. Jim Banks (R-IN) has introduced a plan to end the United States’ decades-long, job-killing free trade status with China as multinational corporations in the semiconductor industry plead with the federal government to keep open their access to the Chinese market.

This week, Banks introduced the “Ending Normal Trade Relations with China Act” which would effectively end U.S. free trade with China, thus imposing high tariffs on Chinese imports. The bill was filed in the Senate by Sen. Josh Hawley (R-MO) in March.

“Decades ago, politicians in Washington gave Chinese manufacturers a leg up over American companies, which has been disastrous for our national security, economy and tens of thousands of Hoosier workers,” Banks said in a statement:

Winning the competition with China is my top priority in Congress, and to be successful abroad, we need to be strong at home. Our bill would fix a serious mistake and stop privileging our greatest enemy at the expense of America’s working class. [Emphasis added]

Charles Benoit, an attorney with the Coalition for a Prosperous America, said the legislation ought to be part of any trade package put forward by Republicans on the House Ways and Means Committee, suggesting it would bring in about $100 billion in annual tariff revenue paid by China.

In 2001, China entered the World Trade Organization (WTO) with the backing of former President Bush’s administration and was subsequently awarded “permanent normal trade relations status” by the U.S. after congressional approval.

As a result of authorizing U.S. free trade with China, nearly four million American jobs have been eliminated from the U.S. economy from 2001 to 2018 — including almost three million domestic manufacturing jobs, as multinational corporations readily shipped jobs overseas without penalties from the government.

During that same period, at least 50,000 American manufacturing plants closed down.

Months ago, Scott Paul with the Alliance for American Manufacturing told the House Select Committee on China that ending U.S. free trade with China is the first step to decoupling and ending a chapter of job-killing globalization.

The Banks-Hawley legislation serves as a landmark plan that puts the Republican Party on the side of the nation’s workers after decades of taking the side of big business that profits enormously from U.S. free trade with China.

Sens. Tom Cotton (R-AR), Ted Budd (R-NC), Rick Scott (R-FL), and J.D. Vance (R-OH) have filed similar legislation called the “China Trade Relations Act” to end China’s normal trade relations status. Instead, presidential administrations would choose whether or not to authorize China’s free trade status with the U.S.

Meanwhile, multinational corporations represented by the Semiconductor Industry Association (SIA) are lobbying President Joe Biden to keep open access to the Chinese market, claiming any restrictions on U.S. semiconductor sales to China “risk diminishing … competitiveness, disrupting supply chains, causing significant market uncertainty, and prompting continued escalatory retaliation by China.”

The SIA represents powerful and politically-connected corporations like IBM, Intel, Micron, Texas Instruments, Samsung, Toshiba, Honeywell, and Nikon, among others.

John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here.

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