Foreign trade

China trade deal progressing slowly

China trade deal progressing slowly

We now have trade numbers for July 2020, and the U.S. trade deal with China is not meeting expectations. The United States Census Bureau has released data regarding United States trade with China through July 2020. The Peterson Institute for International Economics has analyzed this data. According to the Peterson analysis, China is not on pace to meet the terms of the deal which is the Economic and Trade Agreement Between the United States of America and the People’s Republic Of China: Phase One, which went into effect on February 14, 2020. For all products, China is purchasing U.S. products…
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Tariffs, after all, are paid by Americans

Tariffs, after all, are paid by Americans

Action taken in April by President Donald J. Trump confirms: The tariffs he imposed on China are paid by Americans. In April, President Donald J. Trump issued an executive order titled "Executive Order on National Emergency Authority to Temporarily Extend Deadlines for Certain Estimated Payments." It is also known as Executive Order 13916. The order is opaque: "(b) The Secretary shall consider taking appropriate action under section 1318(a) of title 19, United States Code, to temporarily extend deadlines, for importers suffering significant financial hardship because of COVID-19, for the estimated payments described therein, other than those assessed pursuant to sections…
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WichitaLiberty.TV: Congressman Ron Estes

WichitaLiberty.TV: Congressman Ron Estes

In this episode of WichitaLiberty.TV: United States Representative Ron Estes discusses trade, FAA reauthorization and his amendment, entitlement reform, and spending. View below, or click here to view at YouTube. Episode 195, broadcast May 5, 2018. Shownotes Representative Ron Estes Congressional Website Website: Ron Estes for Congress Washington Examiner: Rep. Ron Estes: Why some Democrats are rooting for the Chinese on trade H.R. 5489: Hope Act
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Kansas benefits from foreign trade

Kansas benefits from foreign trade

The Kansas economy benefits greatly from foreign trade, and we should oppose restrictions on trade. Bryan Riley of Heritage Foundation has contributed an extensive analysis of the benefits foreign trade brings to Kansas. Riley is Jay Van Andel Senior Policy Analyst in Trade Policy at Center for Trade and Economics (CTE). Riley notes three ways that foreign trade benefits Kansas: Imports provide competitive products for Kansas consumers and manufacturers. Exports benefit Kansas farmers and aerospace workers. Foreign investment supports thousands of Kansas jobs. He recommends: "The state’s congressional delegation can best advance the interests of Kansans by opposing protectionist policies…
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