Peter Navarro, head of the White House National Trade Council, joined SiriusXM host Alex Marlow on Tuesday’s Breitbart News Daily to discuss various trade issues, including the challenges countries that bend or break the rules set forth in major trade agreements pose.
“We’ve got tremendous dumping of steel into our country and aluminum into our country – all manner of products being sold in our country at below cost, stealing American jobs or depressing wages,” he said.
Navarro promised early and aggressive action against dumping.
“For example, if China dumps one kind of steel into our market, and we get an anti-dumping complaint successfully prosecuted, and start putting duties on them, the next thing they’ll do is send in a different kind of steel to evade the duties,” he explained. “And then if we crack down on that, then they’ll go to Vietnam and import the steel from Vietnam. That’s called diversionary dumping. And in the meantime, more and more people in Ohio, and Pennsylvania, and West Virginia go out and get out of work because we’re not mining the coal for steel plants or making steel. That will not happen any longer in a Donald Trump presidency.”
Never give a sucker an even break.
izlamo delenda est …
Very simple put an import tax
on crap from China.It is hard to buy
any good tools made in USA anymore.
That Harbor Freight stuff is pure
JUNK !
Steal, darn I thought the Clintons sold it to them in order to put the proceeds into our treasury! Isn’t that what the Clinton Foundation was for, to enrich our bottom line?
Stop dealing with them all together. They will never play nice. We were doing great back when we made almost everything we used.
Don’t look now but the Chinese own San Francisco, Hollywood, and government subsidies for America’s Bread Basket. The Japs own Hawaii. Coincidence? China and Japan are holding most of our dept.
A pet peeve of mine is a fact the media and free traders chose to ignore or obfuscate: by outsourcing manufacture of high tech components we not only give away trillions of dollars of research and engineering know how that WE THE PEOPLE payed for. We also give foreigners who may not always be our allies control over all our high tech equipment from toasters to missiles with circuit boards.
We already know that the Chinese built a backdoor in some computer chips. What if every chip involved in communications in every aspect of our lives contain that backdoor and communicate 24/7 – how would we know? Sound far-fetched? Not at all. If that procedure is built into the function of the chip there is no reason for hacking detection software to see it.
There are lots of reasons that America’s trading partners (well, at least some of them) need to be closely watched and they should be however, diligence must also be exercised when a domestic producer cries foul. The investigating body needs to ensure that both sides of the complaint are fully and completely looked into prior to launching any action.