Biden wants to hike tariffs on imports of Chinese steel and aluminum
Chinese steel imports account for less than 1% of U.S. demand, officials told reporters. But Chinese subsidies and programs mean its steel prices are 40% lower than U.S. prices, and the Biden administration is worried that there could be a surge of exports.
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Trump’s tariffs are equivalent to one of the largest tax increases in decades
New Democrat Coalition Trade Task Force Statement on Section 301 Tariffs Announcement
Trump invites Chinese to build US auto plants
Trump’s offer to China went unreported in virtually all media. Mainstream US media attacked the former president for using the term “bloodbath” to describe the impact of prospective Chinese imports on the American auto industry, implying that he had threatened actual violence if he was not elected. But the transcript of his remarks at a Dayton, Ohio, rally makes clear that he was referring to industry conditions.
Compared To China, US Trade, Investment Offers Laughable
On the other hand, the BRI (Belt and Road Initiative) donations of China alone that are reality– Chico River Irrigation Pump, Davao Bucana Bridge, Estrella-Pantaleon and Binondo-Intramuros Bridge, the ongoing Kaliwa Dam Project that would provide 600/mld (million liters per day) to drying Metro-Manila and hundreds other projects– already count billions of dollars, not to mention private investments like DITO Telecoms’ $ 3.9 billion investment in our telecom sector.
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Read More »The protectionists have never protected small industry, handicraft proper. Have Dr. List and his school in Germany by any chance demanded protective tariffs for the small linen industry, for hand loom-weaving, for handicraft production? No, when they demanded protective tariffs they did so only in order to oust handicraft production with machines and patriarchal industry with modern industry. In a word, they wish to extend the dominion of the bourgeoisie, and in particular of the big industrial capitalists. They went so far as to proclaim aloud the decline and fall of small industry and the petty bourgeoisie, of small farming and the small peasants, as a sad but inevitable and, as far as the industrial development of Germany is concerned, necessary occurrence.
The Protectionists, the Free Traders and the Working Class
Pakistan has a general election today. It will decide on the next government of the world’s fifth-most populous nation and the governments of its four provinces — Punjab, Singh, Balochistan and Khyber Pakhtunkhwa. Around 128 million people can vote to pick 266 representatives to form the 16th parliament in a first-past-the-post system. They will also vote to elect the legislatures of the country’s four provinces.
Pakistan’s misery continues
U.S. raids Chinese auto parts maker in Ohio
In September, the House Select Committee on the Chinese Communist Party in September wrote a letter to DHS Secretary Alejandro Mayorkas accusing Qingdao Sunsong of moving some of its production to Thailand to evade U.S. tariffs.
The letter identified Qingdao Sunsong’s public filings, which say the company’s products are subject to U.S. import tariffs of 25% imposed on certain goods made in China and that “in order to reduce tariff costs, the issuer has accelerated production in Thailand.”
In the letter to Mayorkas, Republican congressmen Mike Gallagher* of Wisconsin and Darin LaHood of Illinois called Sunsong’s actions a “case of blatant trade fraud that is having a catastrophic impact on American manufacturers.”
*Racist piece of 💩!
H/T: Johnsonwkchoi
How rural communities are tackling a suicide and depression crisis among farmers
If you or someone you know is having thoughts of suicide, call or text the National Suicide Prevention Lifeline at 988 or go online to 988lifeline.org.
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Read More »Countries Eye Weight Tax To Counter Public Safety Threat Of Extremely Heavy, Large EVs
The electric Ford Lightning, for example, is a whopping 6,500 pounds. The Hummer EV is even heavier, clocking in at 9,000 pounds. Its battery alone weighs more than a Honda Civic. Experts have pointed out the significant safety ramifications of this transition for a while, but it’s still not clear that we’ve prepared the regulatory and policy landscape for such a transition.
With the coming US-NATO dangerous war games in the Black Sea it seemed like a good idea to post this study by the right-wing Heritage Foundation. This should give us all a clear idea of what Washington and Brussels are up to in the region.
Neo-Con study: Why a New Black Sea Strategy is in the U.S. Interest
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The TSMC Arizona chip plant is behind schedule, over budget, and the subject of contention in online forums – and now an analyst says that it will be little more than a useless paperweight, even when it does finally begin production.
Not only will it only make chips for older Apple devices, but it can’t even complete the process of making those without sending them back to Taiwan for final assembly …
TSMC Arizona chip plant will be a paperweight, says analyst
Ms. Cat’s Chronicles 
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