BIDEN FINALLY HITS THE RIGHT NOTE ON CHINA
By: Derek Varsalona
Well, that took a while. But President Joseph Biden has finally hit the right note on China. Maybe his dementia is improving? Over the weekend President Biden put tariffs on Chinese goods. For too long the Chinese have been getting away with leaking the coronavirus to the world. Now, at least President Biden has the right approach by putting tariffs on Chinese goods. We are now in a war with China. We are in a Trade War, with China and it is a war that America can win.
We are now entertaining the world of stagflation, prices are slowly going down from inflation. Yet the world only feels their pocketbooks and their wallets getting lighter. But prices are beginning to take a downward trend. When times are tough the President is blamed. When times are good the President is praised. Inflation is astir upon us but prices are going down. The Inflation Reduction Act needed time to work it self out of the hole that we are in.
President Biden has finally made Chinese products more expensive. That is great that China has been killing our economy with the coronavirus. It is about time President Biden gave China a black eye for all the pain and misery that it has caused not only on America but the rest of the world.
It sure took a while, but President Biden is right to tax China with tariffs on products. That is the least he can do to China for bringing Corona Virus to the world and wreaking havoc. As always comments accepted.
Source: Jim Tankersley. “ Biden’s China Tariff Are an End to Era of Cheap Chinese Goods.” The New York Times. Washington, DC: May 18, 2024. Biden stands up to China
Image NBCNews.com
Sunday November 15, 2023
https://www.nytimes.com/2024/05/18/business/bidens-china-tariffs.html?utm_source=newsshowcase&utm_medium=gnews&utm_campaign=CDAQq5T5jKvUm-27ARi01ay7jvn5lK8BKg8IACoHCAowjuuKAzCWrzw&utm_content=rundown&gaa_at=la&gaa_n=ARTJ-U-8RNTFUvmUv6eXWbl6nA854BJfoFtOShrSB9-4jtDylTO927GNNI7AMLsDZE4InEl2CpfyKdKtpYeD&gaa_ts=664895af&gaa_sig=f9reY8rqI3w3ENF2i05bGAc0LJ49IVKXJHcW8XChjHt1YjthV2OynVWiuaWuYkvwMpRCjOsmNgGGMI38UygLpw%3D%3D
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