White House Rethinks China Tariffs Amid Taiwan Turmoil

White House Rethinks China Tariffs Amid Taiwan Turmoil

By Zerohedge.com

The Trump tariffs are the subject of a lawsuit filed by scores of U.S. companies who’ve asserted the levies are overly broad and were improperly implemented. If the Biden administration can’t defend the Trump tariff regime, it could be compelled to evaluate tens of thousands of public comments about it, or reimburse the plaintiffs for tariffs they’ve paid so far.

Biden’s interest in pandering to labor unions also figures in his slow-walking his tariff-relief decision. Milton Friedman had something to say about that

“The benefits of a tariff are visible. Union workers can see they are ‘protected.’ The harm which a tariff does is invisible. It’s spread widely.”

What labor unions?!

Union Representation Petitions Continue to Increase in FY 2022 Under Biden Administration

According to the U.S. Bureau of Labor Statistics, in 2021 the percentage of U.S workers, including public- and private-sector workers, who were members of unions was 10.3 percent—a half point decline from the 10.8 percent unionization rate in 2020. Within the private sector, the unionization rate declined by 0.2 percent in 2021 to 6.1 percent. The degree to which union activity in 2022 with an aggressively labor-friendly NLRB general counsel and a majority Biden appointed Labor Board moves the needle for union membership is yet to be determined.

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Pelosi expected to visit Taiwan, Taiwanese and US officials say and Could Get Us All Killed!

Nancy Pelosi Taiwan Visit Could Get Us All Killed

Related:

Pelosi expected to visit Taiwan, Taiwanese and US officials say

Officials also believe the Chinese leadership doesn’t completely grasp the political dynamics in the United States*, leading to a misunderstanding over the significance of Pelosi’s potential visit. The officials say China may be confusing Pelosi’s visit with an official administration visit, since she and Biden are both Democrats. Administration officials are concerned that China doesn’t separate Pelosi from Biden much, if at all.

The ‘eccentric, bigoted’ Pelosi does not care about others’ thoughts, but Biden is the key in the 82-year-old’s planned Taiwan trip

Pelosi is in the presidential line of succession, thus the administration takes extra care of her security when she travels overseas, the White House said on Tuesday, according to CNN.

They’re well aware that Pelosi is the second in line of Presidential succession!