(TheRedWire.com) – During former President Donald Trump’s time in office, he enacted numerous tariffs to correct the trade imbalance between the United States and China. From 2001 to 2018, the Economic Policy Institute estimated that free trade with China cost 3.7 million American jobs, of which 2.8 million were in manufacturing. During that same time frame, 50,000 manufacturing plants closed their doors. In March, the Biden administration said it would eliminate Section 301 tariffs on over 350 products made by Chinese companies imported into the US.
Sen. Tom Cotton (R-AR) said he wants to know why. Cotton wrote to US Trade Representative (USTR) Katherine Tai demanding to know the reasoning behind the administration’s decision to dismantle the US’s ability to hold China accountable through tariff exemptions. He also asked why the administration wasn’t pursuing China for its economic abuses and said the concessions and economic appeasements were a gift to China.
Who else thinks Joe the Big Guy is in China's pocket?
Let's have a look at the rest of that laptop.https://t.co/rkkToEvVZq
— ruco_mon (@ruco_mon) April 13, 2022
Additionally, Cotton said he wanted to know how many of the 350 products on the exemption list the US or an allied country could manufacture.
In 2019, a Coalition for a Prosperous America study said permanent US tariffs on 25% of all imports from China would create over a million jobs over five years.
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