Coalition for a Prosperous America...America's foremost FAIR TRADE group...with a warning on China Trade.

in #informationwar5 years ago (edited)

Apparently, my good friends at The Coalition for a Prosperous America have been reading my blog (or not...lol...) but they are sounding like me for sure on this whole "China Trade War" jazz. I've been warning for months on this blog that the reality of these Trumpian trade pronouncements, while wonderful in rhetoric, publicized intent, and public proclamation, need to be constantly monitored for what is really going on behind the scenes.

We reported previously that much of the new tariff implementation by the Trump administration designed to level the trade imbalance with the Communist Chinese was being thwarted off the boat because the ChiComs were mis-describing items so that the tariff would no longer apply (even thought is was supposed to do so.) Because we can only afford to inspect less than 5% off the incoming containers, there is know knowing how severely the problem is impinging negatively the intent of the new tariffs.

This new article by ProsperousAmerica.org is definitely worth your time:

https://www.prosperousamerica.org/cpa_hopeful_that_china_tariffs_will_increase_after_90_day_delay

Here is an excerpt from the above link:

"Michael Stumo, CEO of the CPA, views Xi’s pledges at the G20 as a continuation of past practices of delay without resolving fundamental commercial espionage and trade imbalance problems.

Said Stumo, 'The administration has laudably recognized that China has long-term goals of eroding America’s global economic, military, and geopolitical position. We are hopeful that President Trump will resist appeasement pressures in response to insufficient future concessions. Let’s look at what Beijing does, not what it says. President Xi has denied wrongdoing with regard to China’s concerted, state-sponsored commercial espionage programs directed against the US. And America’s trade deficit with China continues to increase. As a result, US consumers are funding China’s military, economic, and political rise even as we hamper domestic growth potential. Xi and his compatriots are wisely playing a long game, which perennially includes a slow-walking of negotiations and other delaying tactics. We hope President Trump will follow through with planned tariff increases, consider further tariffs, and move strongly to make the US dollar more globally competitive.'"


(Michael Stumo, CEO of Coalition for a Prosperous America.)

Exactly, Michael! I knew there was a reason I gave you as much air time on my radio show as I possibly could. Common sense dictates that, with the COMMUNISTS in charge of the nation's most populous nation, that we not only "Trust, but verify," but that we double and triple verify. Coming out of the G20, both Xi and Trump are going to be trumpeting "successes." Let's just make sure that the reality matches whatever the new rhetoric on trade with China might turn out to be.

(FYI...if I was a betting man, I would bet, and give 3:1, that Trump, at one point or another since taking office, told the ChiComs he had to "be/act tough" in order to appease American public opinion, and that.... Well, you know how the rest goes.)

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wow..you mean only 5% of products get checked? Then they don't even have to try to comply!

Yep. They could get caught, of course, and then theoretically all containers from that company could be yanked for inspection. I just wonder if our customs people would actually do the extra work, though...

somehow I doubt it. do the mafia or teamsters still run the docks like in the old days?

Yes. At least I think so. They are certainly HEAVILY unionized.

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