Washington D.C.: “President Trump’s trade policies with China greatly strengthened the American economy and made us more competitive on the world stage,” said Ed Martin, President of the Phyllis Schlafly Eagles. “Now, in the wake of the Biden Administration’s drowning economy, Biden is seeking to ‘reshape’ tariffs and give China a bigger piece of the pie.”
Our economy’s historic high inflation is devastating the entire country. The blundering Biden Administration wants to solve the issue without the Fed raising interest rates, so their plan is to remove tariffs on some Chinese imports in an effort to curtail rising prices.
“All this move will do is embolden the Chinese Communist Party, and America will pay the price down the road,” Ed Martin continued. “The last thing that Americans need is to lose their job because of more economic dependence on China. We cannot be reliant on a foreign country for our economic needs. The Trump-era tariffs need to be left in place if we are to deal with the Chinese threat. Going soft on China will be disastrous.”