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Corporate America is taking the gloves off in its campaign to end President Trump’s trade war.
A coalition of more than 200 trade associations spanning agriculture, manufacturing, retail, technology, oil and even liquor will begin a new two-pronged attack next week to try to end the policies they see as damaging. The campaign, called Tariffs Hurt the Heartland, will involve blanketing Capitol Hill with farmers and other business owners, plus debuting an ad aimed at parents that essentially says the trade war might be endangering babies.
The escalation comes at a crucial time: The president and Chinese officials are meeting this week with just a month to go before U.S. tariffs on $200 billion of Chinese imports are slated to more than double to 25 percent. It also marks a shift in strategy. After a year of struggling to directly sway Trump and his inner circle, including running ads on Fox News -- his favorite cable channel -- corporate lobbyists are ratcheting up pressure outside the White House.
Interesting article. I do rather object to the baby crib part, wherein some organization is complaining about the rising cost of importing 100,000 baby cribs from China. True, they may be cheaper than American made cribs, but I would not trust the material the Chinese manufacturers use to make the cribs that cheap.
However, the part about farmers being hit hard is certainly worrisome.
I don't see a trade war. Chinese made goods still predominate in the stores and the trade deficit just keeps getting larger. The "trade war" designation comes from the liberal globalists and movement/neo cons who control the levers of power in the USA.
We will have to end this or come to an agreement within the next 2 years. Roll our of 5G wireless networks will begin and those chipsets and parts will come from China. Current tariffs on chipsets are at 80% and I don’t believe we can make them here (proprietary code).
4G along with the IPhone powered our technology progression over the last 10 years and don’t want to miss the 5G train. 5G speeds are fast enough to provide whole home coverage at current rates offered by cable providers. Of this all depends on how greedy our telecoms get.
President Donald Trump’s trade war is magnifying some of the toughest farm conditions since the crisis that bankrupted thousands of farmers in the 1980s — and threatening a constituency crucial to his reelection hopes.
The president’s trade policies have sent U.S. agricultural exports plunging, exacerbating already difficult economic conditions facing farmers. Average farm income has fallen to near 15-year lows under Trump, and in some areas of the country, farm bankruptcies are soaring.
The fate of the farm economy and rural America is fused to Trump’s political future. Farmers and ranchers make up the heart of his base, and their support in battleground Midwestern states like Iowa and Wisconsin could help determine the 2020 presidential election. Although Trump’s standing with those groups generally remains strong, cracks are starting to show.
Hundreds of farmers and business representatives are in Washington this week to pressure lawmakers and the Trump administration to end the trade war by describing the hardships they are facing.
“A lot of farmers are going to give the president the benefit of the doubt, and have to date. But the longer the trade war goes on, the more that dynamic changes,”
I dislike the term "heartland." It's as meaningless as "working families."
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