US Senate quietly votes to cut tariffs on hundreds of Chinese goods
As trade tensions escalate between Washington and Beijing, the U.S. Senate quietly passed legislation on Thursday that would lower trade barriers on hundreds of items made in China.
27 Jul 2018 10:11PM
Ricky Lim
As trade tensions escalate between Washington and Beijing, the U.S. Senate quietly passed legislation on Thursday that would lower trade barriers on hundreds of items made in China.
With no debate, the Senate unanimously passed a bill that would cut or eliminate tariffs.
The White House has not publicly taken a position on the so-called miscellaneous tariff bill, which has now passed both the Senate and the House of Representatives unanimously. The two chambers need to resolve minor differences before they can send the legislation to Trump to sign into law.
Supporters of the bill have said it would boost the economy by getting rid of tariffs set up to protect industries that no longer exist in the United States. The National Association of Manufacturers has said U.S. businesses pay US$1 million a day on such import duties.
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Great that both House and Senate unanimously vote to remove tariff on China goods that make no sense --- but impose by Trump for the sake of starting a trade war.
Good that US system can stop Trump stupid trade war - that hurt both self and others.
With no debate, the Senate unanimously passed a bill that would cut or eliminate tariffs.
The White House has not publicly taken a position on the so-called miscellaneous tariff bill, which has now passed both the Senate and the House of Representatives unanimously. The two chambers need to resolve minor differences before they can send the legislation to Trump to sign into law.
Supporters of the bill have said it would boost the economy by getting rid of tariffs set up to protect industries that no longer exist in the United States. The National Association of Manufacturers has said U.S. businesses pay US$1 million a day on such import duties.
----
Great that both House and Senate unanimously vote to remove tariff on China goods that make no sense --- but impose by Trump for the sake of starting a trade war.
Good that US system can stop Trump stupid trade war - that hurt both self and others.
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