Topics in the News: Tariffs
Donald Trump on Corporations
: Oct 17, 2024
Will bring in companies at a level never seen here before
We are going to bring companies in through a system of taxes. We call it positive taxation. We are going to bring companies in at a level that you've never seen in this country before.Nobody's ever seen what we're doing,
a combination of taxes, tariffs, and incentives. Companies are going to be coming into our country, car companies and many, many, for the manufacture of cars. They'll be flowing into our country like never before.
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Source: Univision Town Hall: Trump interview
Donald Trump on Free Trade
: Oct 16, 2024
We'll make countries keep US dollar as reserve currency
If a country tells me, "sir, we like you very much, but we're going to no longer adhere to being in the reserve currency, we're not going to salute the dollar anymore," I'll say "that's okay. And you're going to pay a 100% tariff on everything you sell
into the United States. And we love your product. I hope you sell a lot of it into the United States, but you're going to pay 100% tariff." He will then follow it up by saying, "sir, it would be an honor to stay with the reserve currency."
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Source: Chicago Economic Club transcript: 2024 Presidential hopefuls
Donald Trump on Free Trade
: Oct 16, 2024
High tariffs ensures cars made in Mexico won't sell here
Q: Could you give me an example of how tariffs would affect the auto industry and Mexico?TRUMP: Could I ask you, how are those plants that you mentioned, [I asked the car manufacturers]. "those giant plants that you're building in Mexico, how is
that coming along, have you finished them?" "No, sir, they abandoned the project when they heard you're running. They abandoned the project when they saw that you were winning and doing well." I said, "wow, how beautiful," all the things. I told them,
I told them, and I said it publicly, they're not going to sell one car into the United States. I said, "if I run this country, if I'm going to be president of this country, I'm going to put a 100, 200, 2,000 percent tariff,
they're not going to sell one car into the United States," because we're not going to destroy our country, because I know you're an anti-tariff guy, but I'm the exact opposite.
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Source: Chicago Economic Club transcript: 2024 Presidential hopefuls
Donald Trump on Free Trade
: Oct 16, 2024
Tariffs will bring thousands of companies into the country
Q: The bipartisan Committee for a Responsible Federal Budget put out some predictions: Your plans would add $7.5 trillion to the debt; you're on course to push up debt up to 150% of GDP.TRUMP: We're going to lower taxes still further for companies
that are going to make their product in the USA. We're going to protect those companies with strong tariffs, because I'm a believer in tariffs. But to me, the most beautiful word in the dictionary is tariff, and it's my favorite word.
It needs a public relations firm to help it, but to me, it's the most beautiful word in the dictionary. But tariffs are two things, if you look at it. Number one is for protection of the companies that we have here and the new companies that will
move in because we're going to have thousands of companies coming into this country. We're going to grow it like it's never grown before, and we're going to protect them when they come in because we're not going to have somebody undercut them.
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Source: Chicago Economic Club transcript: 2024 Presidential hopefuls
JD Vance on Free Trade
: Oct 2, 2024
Cut taxes; we'll take a lot of money with tariffs on imports
JDV: We're going to be taking in a lot of money by penalizing companies for shipping jobs overseas and penalizing countries who employ slave laborers and then ship their products back into our country and undercut the wages of American workers. It's
the heart of the Donald Trump economic plan. Cut taxes for American workers and American families. Cut taxes for businesses that are hiring and building companies in the United States. But penalize companies and countries that are shipping jobs overseas.
TW: You're not going to pay for it with these tariffs. That's just adding another $4,000 on the family and taking less. So not only do they not get the money to pay for that, they're $4,000 in the hole. That's Wharton School. That's his alma mater.
When I go to businesses, sure, they'll talk about taxes sometimes. But they will lead with childcare and they will lead with housing, because we know the problem is we need more workers because our economy is growing, but we need the workforce.
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Source: 2024 Vice Presidential debate: Tim Walz vs. JD Vance
Tim Walz on Free Trade
: Oct 2, 2024
Tariffs will add another $4000 in costs to families
TW: You're not going to pay for it with these tariffs. That's just adding another $4,000 on the family and taking less. So not only do they not get the money to pay for that, they're $4,000 in the hole. That's Wharton School. That's his alma mater.
When I go to businesses, sure, they'll talk about taxes sometimes. But they will lead with childcare and they will lead with housing, because we know the problem is we need more workers because our economy is growing, but we need the workforce.
JDV: We're going to be taking in a lot of money by penalizing companies for shipping jobs overseas and penalizing countries who employ slave laborers and then ship their products back into our country and undercut the wages of American workers. It's
the heart of the Donald Trump economic plan. Cut taxes for American workers and American families. Cut taxes for businesses that are hiring and building companies in the United States. But penalize companies and countries that are shipping jobs overseas.
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Source: 2024 Vice Presidential debate: Tim Walz vs. JD Vance
Donald Trump on Free Trade
: Sep 10, 2024
China was paying us hundreds of billions in tariffs
Q: Do you believe Americans can afford higher prices because of tariffs?TRUMP: They aren't gonna have higher prices what's gonna have and who's gonna have higher prices is China and all of the countries that have been ripping us off for years.
I charge, I was the only president ever China was paying us hundreds of billions of dollars and so were other countries and you know if she doesn't like 'em they should have gone out and they should have immediately cut the tariffs but those tariffs
are there three and a half years now under their administration.
HARRIS: Well, let's be clear that the Trump administration resulted in a trade deficit, one of the highest we've ever seen in the history of America. He invited trade wars, you wanna
talk about his deal with China what he ended up doing is under Donald Trump's presidency he ended up selling American chips to China to help them improve and modernize their military.
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Source: ABC News 2024 Presidential debate in Philadelphia
Kamala Harris on Free Trade
: Sep 10, 2024
Trump policies resulted in highest-ever trade deficit ever
Q: Do you believe Americans can afford higher prices because of tariffs?TRUMP: They aren't gonna have higher prices what's gonna have and who's gonna have higher prices is China and all of the countries that have been ripping us off for years.
I charge, I was the only president ever China was paying us hundreds of billions of dollars and so were other countries and you know if she doesn't like 'em they should have gone out and they should have immediately cut the tariffs but those tariffs
are there three and a half years now under their administration.
HARRIS: Well, let's be clear that the Trump administration resulted in a trade deficit, one of the highest we've ever seen in the history of America. He invited trade wars, you wanna
talk about his deal with China what he ended up doing is under Donald Trump's presidency he ended up selling American chips to China to help them improve and modernize their military.
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Source: ABC News 2024 Presidential debate in Philadelphia
Donald Trump on Free Trade
: Sep 10, 2024
Tariffs on China are not a sales tax & don't cause inflation
KAMALA HARRIS: My opponent has a plan that I call the Trump sales tax, which would be a 20% tax on everyday goods that you rely on to get through the month. Economists have said that Trump's sales tax would actually result for middle-class families in
about $4,000 more a year because of his policies.DONALD TRUMP: First of all, I have no sales tax. That's an incorrect statement. She knows that. We're doing tariffs on other countries. Other countries are going to finally, after 75 years, pay us back
for all that we've done for the world. And the tariff will be substantial in some cases. I took in billions and billions of dollars, as you know, from China. In fact, they never took the tariff off because it was so much money, they can't. I had tariffs
and yet I had no inflation. Look, we've had a terrible economy because inflation is really known as a country buster. It breaks up countries. We were at 21%. But many things are 80% higher than they were just a few years ago.
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Source: ABC News 2024 Presidential debate in Philadelphia
Donald Trump on Free Trade
: Sep 10, 2024
China building auto plants in Mexico: we'll impose tariffs
HARRIS: I'm proud to have the endorsement of the United Auto Workers and Shawn Fain, who also know that part of building a clean energy economy includes investing in American-made products, American automobiles. It includes growing what we can do around
American manufacturing and opening up auto plants, not closing them like what happened under Donald Trump.TRUMP: That didn't happen under Donald Trump. Let me just tell you, they lost 10,000 manufacturing jobs this last month. They're all leaving.
They're building big auto plants in Mexico. In many cases owned by China. They're building these massive plants, and they think they're going to sell their cars into the United States because of these people. What they have given to China is
unbelievable. But we're not going to let that. We'll put tariffs on those cars so they can't come into our country. Because they will kill the United Auto Workers and any auto worker, whether it's in Detroit or South Carolina or any other place.
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Source: ABC News 2024 Presidential debate in Philadelphia
Donald Trump on Tax Reform
: Aug 21, 2024
OpEd: across-the-board tariffs are a sales tax in disguise
One of the best things that can be said for Ms Harris's economic agenda is that it will probably be less damaging than Mr Trump's. She is clearly against the tariff increases her opponent has promised. Many of her proposals amount to adjustments to
existing policies, rather than representing a wholesale recrafting of America's economic system. Mr Trump, by contrast, may be able to use the power of the presidency to slap across-the-board tariffs on all imports to America, the central plank of his
economic programme--and one that Ms Harris has criticised, correctly, as being a sales tax in disguise."Trump really seems to think that we'd be better off as an autarkic economy," says [a Harvard analyst]. "Harris helped to implement a lot
of buy-American rules, so it seems she's bought into the anti-globalisation stuff to some extent."
"Not as bad as the other candidate" would be a poor campaign slogan. It is, however, an accurate summary of Ms Harris's economic plans. ¦
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Source: The Economist on 2024 Presidential hopefuls
Donald Trump on Free Trade
: Aug 19, 2024
FactCheck: 60% tariffs would cause 5% inflation
Trump doubled down on his plan to raise tariffs on imported goods over the weekend after Kamala Harris slammed the plan as a "Trump tax" that would raise prices--echoing the views of many economists, who believe Trump's plan would burden everyday
consumers even as the ex-president has claimed otherwise.While he has not yet committed to a single policy, the ex-president has typically proposed raising tariffs by 10%, or by 60% on goods imported from China, up from approximately 1% and 11% now,
respectively.
Goldman Sachs economists projected prices on consumer goods would go up by 0.1% for every percentage increase in the effective tariff rate and raise inflation rates for one year, noting that in addition to the price of imported goods
going up, it's also likely the price of domestic goods would increase, because U.S. manufacturers would "opportunistically" raise their prices to take advantage of having less competition in the marketplace.
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Source: Forbes Magazine on 2024 Presidential hopefuls
Kamala Harris on Free Trade
: Aug 19, 2024
Trump Tax: tariffs are a national sales tax
Trump doubled down on his plan to raise tariffs on imported goods over the weekend after Harris slammed the plan as a "Trump tax" that would raise prices--echoing the views of many economists, who believe Trump's plan would burden everyday consumers
even as the ex-president has claimed otherwise.Harris slammed Trump's plan, saying it was "in effect, a national sales tax on everyday products and basic necessities."
Most experts say tariffs raise prices for consumers:
The cost of tariffs can be absorbed by some combination of U.S. businesses that import goods, the customers who purchase them and foreign businesses that export them--which might lower their prices to make up for the tariffs--but the right-leaning Tax
Foundation found previous tariffs levied during Trump's first term were paid by US businesses and consumers.
Moody's chief economist told CNN, "If Trump increases tariffs as he has proposed, the economy would likely suffer a recession soon thereafter."
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Source: Forbes Magazine on 2024 Presidential hopefuls
Donald Trump on Jobs
: Aug 19, 2024
FactCheck: Tariffs would result in reduction of 675,000 jobs
Trump has proposed raising tariffs--or taxes on imported goods that the businesses importing them pay the US government--if he's reelected, doubling down on his yearslong focus on tariffs, which he said in a speech Saturday would punish other countries
that are "ripping us off and stealing our jobs."Economists broadly believe Trump's proposed tariff plan would hurt the U.S. economy, with an analysis by the nonpartisan think tank Peterson Institute for International Economics (PIIE) concluding the
proposal would "[inflict] significant collateral damage on the US economy," citing a range of factors including decreased consumer spending, increasing unemployment rates and worse economic growth.
Moody's projected Trump's tariff plan would result
in a reduction of 675,000 U.S. jobs and increase the unemployment rate by 0.4%, with Moody's chief economist telling CNN, "If Trump increases tariffs as he has proposed, the economy would likely suffer a recession soon thereafter."
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Source: Forbes Magazine on 2024 Presidential hopefuls
JD Vance on Foreign Policy
: Jul 16, 2024
Pivot US policy to China and away from Europe
After gaining the Republican nomination for vice-president, [Vance says] that the focus of US foreign policy would be China, which he described as "the biggest threat" to his country. Vance is known as a China hawk and a loyal supporter of
Trump's "America first" agenda. He has long backed pivoting US foreign policy away from Ukraine and back towards East Asia, supporting Trump's plan to increase tariffs on Chinese goods that were undercutting American workers.
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Source: South China Morning Post on 2024 Veepstakes
Donald Trump on Free Trade
: Jun 27, 2024
FactCheck: Tariffs on China result in higher consumer prices
Asked whether tariffs on China would increase prices, Trump responded, "It's not going to drive them higher." Biden detailed, :"Economists say that's going to cost the average American $2,500 a year and more, because they're going to have to pay the
difference in food and all the things that are very important." Do tariffs cause higher prices? The Tax Foundation agrees with Biden, that tariff fees are passed on to consumers:(TaxFoundation.org, "Who Really Pays the Tariffs?,"
Dec. 15, 2021): "When the Trump administration imposed tariffs on various imports in 2018, the stated purpose was to boost U.S. industries and punish foreign exporters. But rather than hurting foreign exporters, the economic evidence shows it is
American firms and consumers hardest hit by the Trump tariffs. The tariffs resulted in higher prices for a wide variety of goods that U.S. consumers and businesses purchase."
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Source: First Trump-Biden debate, at CNN in Atlanta
Joe Biden on Free Trade
: Jun 27, 2024
FactCheck: Yes, kept Trump's 10% tariffs on China
Biden said that Trump's "10% tariffs cost the average American $2,500 a year." Trump replied, "This guy never took out my tariffs because we bring in so much money." Is that true? This FactCheck says that Biden did exactly that:(Politico.com 5/15/24)
"Back in 2018, lawmakers of both parties greeted Trump's decision to slap tariffs on Chinese imports with widespread derision. Six years later, most members of Congress are applauding Biden's extension--and in some cases, expansion--of those tariffs.
The contrasting reactions to similar policy moves is yet another reminder of just how much the political consensus has shifted against free trade. Biden's administration spent much of his term debating what to do with the duties Trump put on more than
$300 billion worth of Chinese imports, before finally announcing that he will increase Trump-era duties on steel, aluminum and clean energy products from China, including quadrupling tariffs on electric vehicles, while keeping the rest in place.
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Source: First Trump-Biden debate, at CNN in Atlanta
Joe Biden on Free Trade
: Jun 27, 2024
10% tariffs on China will cost consumers $2,500 per year
Q [to Trump]: How will you ensure that 10% tariffs on China don't drive prices even higher?TRUMP: It's not going to drive them higher. It's just going to force them to pay us a lot of money, and reduce our deficit tremendously.
BIDEN: But these 10%
tariffs [on] everything coming into the country, you know what the economists say? That's going to cost the average American $2,500 a year and more, because they're going to have to pay the difference in food and all the things that are very important.
TRUMP: This guy never took out my tariffs because we bring in so much money with the tariffs that I imposed on China. He never took them away. He can't because it's too much money. It's tremendous. And we saved our steel industries. And there was
more to come, but he hasn't done that. But he hasn't cut the tariffs because he can't, because it's too much money.
[See FactCheck that indeed Biden has kept Trump's tariffs]
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Source: First Trump-Biden debate, at CNN in Atlanta
Donald Trump on Free Trade
: Jun 27, 2024
10% tariffs on China will reduce our deficit tremendously
Q: You want to impose a 10% tariff on all goods coming into the U.S. How will you ensure that that doesn't drive prices even higher?TRUMP: It's not going to drive them higher. It's just going to cause countries that have been ripping us off for
years, like China--and many others, in all fairness to China--it's going to just force them to pay us a lot of money, reduce our deficit tremendously, and give us a lot of power for other things.
BIDEN: But this tariff--these 10 percent tariffs,
everything coming into the country, you know what the economists say? That's going to cost the average American $2,500 a year and more, because they're going to have to pay the difference in food and all the things that are very important. You have not,
in fact, made any progress with China. We are [now, under the Biden administration, at] the lowest trade deficit with China since 2010.
[See FactCheck that economists agree that tariffs on China will increase consumer prices].
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Source: First Trump-Biden debate, at CNN in Atlanta
Doug Burgum on Free Trade
: Jun 16, 2024
If you tariff our stuff, we're going to tariff yours
I think if anybody looks at his actual record of negotiating with other countries, what he's always looking for is balanced trade, and - - not free trade, but balanced trade. I mean, we've got the largest economy in the world, all kinds of countries
around the world, and it's not just China, but France and others. They put tariffs on American products going their way, and it's pretty simple for President Trump. If you're going to tariff our stuff, we're going to tariff yours.
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Source: Fox News Sunday on 2024 Republican Veepstakes
JD Vance on Energy & Oil
: May 19, 2024
Europe has become weaker pursuing a green energy agenda
Biden's entire agenda, such that it exists, has been about protecting green energy jobs, at the expense of the industrial heartland. If you are in Wisconsin, Michigan, or Pennsylvania, you are not being empowered or enriched by
Biden's green energy agenda. So, applying tariffs on the green agenda stuff, does it help steelmakers? Does it help natural gas workers? Does it help the heart of the American economy? The answer is no.
The reason Europe has become weaker is because they've deindustrialized. And why have they deindustrialized? Because they've pursued a green energy agenda, following the lead of the Biden administration, and that necessarily empowers China and
Russia. We need to acknowledge that it's our decisions that are making these countries stronger. We need to fix that, not whine at countries that have 10 million people.
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Source: CBS Face the Nation on 2024 Republican Veepstakes
Donald Trump on Energy & Oil
: May 14, 2024
Electric Vehicle mandate intended to kill gas-powered cars
Statement on Crooked Joe Biden's Disastrous EV Mandate: "Joe Biden's action today is a weak and futile attempt to distract from the grievous harm his insane Electric Vehicle mandate is doing to the U.S. auto industry and how his radical policies are
wiping out thousands of American auto jobs. The fact that these tariffs do not apply to gas-powered cars and trucks but only to Chinese EVs shows that this has nothing to do with protecting American Workers. It's all about Crooked Joe's agenda of
killing gas-powered automobiles while forcing Americans into ultra-expensive Electric Vehicles they don't want and can't afford. If Joe Biden truly wanted to help U.S. auto workers, he would announce that he is rescinding his ridiculous EV mandate
effective immediately. The entire Green New Scam is a Biden giveaway to Crooked Joe's Chinese masters. Americans who want to end Biden's betrayals and truly stand up for American Workers will vote for President Trump."
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Source: Trump Presidential Campaign 2024 press release: "EV Mandate"
Chris Christie on Free Trade
: Dec 6, 2023
Tariffs on China raise process for every American
Nikki Haley: We need to end all normal trade relations with China until they stop murdering Americans with fentanyl. Trump was good on trade, but that's all he was with China because here he allowed fentanyl to continue to come over. Chris Christie:
She said that Donald Trump was good on trade; he wasn't. And the proof that he wasn't good on trade with China is that all he did was impose tariffs, which raised the prices for every American.
You want to know what has contributed to inflation in this country? Yes, it's more government spending. Yes, it's the fact that we're printing too much money. Absolutely. But it is also the increase in prices that were driven by Donald Trump's tariffs.
And one last thing, you can't say he was good on trade because he didn't trade. He didn't change one Chinese policy in the process. He failed on it.
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Source: NewsNation 2023 Republican primary debate in Alabama
Ryan Binkley on Free Trade
: Aug 16, 2023
There must be a level playing field for fair trade
Binkley said China and the U.S. can be mutually successful as economic powers but that must be on a level playing field, with fair trade and investment practices and protections for intellectual
property. "And in the meantime, we need to diversify our supply chains," including by building relationships with India, he said.
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Source: Des Moines Register on 2023 Presidential hopefuls
Chris Christie on Free Trade
: Jun 12, 2023
We need to make the Chinese understand that the party's over
We need to make the Chinese understand that the party's over. For the last 50 years, we have been investing in China to try to bring them into the community of nations and to try to make them better, because we thought it would make us better, too.
But the Chinese have taken advantage of our good nature, stealing our intellectual property, spying on us, causing trouble around the world, unfair trade deals. And it's time for that to stop now. They're no longer a fledgling economy.
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Source: CNN Town Hall: interviews of 2024 presidential candidates
JD Vance on Free Trade
: Oct 3, 2021
Trump scrapped terrible trade deals, and he was right
Our country used to value working class jobs, and then the manufacturing base of our economy was shipped overseas. I'll fight the corporate elites who want to continue the status quo. President Trump scrapped terrible trade deals and
renegotiated them, imposing punitive tariffs on companies that manufacture in China and other nations. These were the right policies, and the effort to rebuild our industrial base is only beginning.
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Source: 2021 OH Senate campaign website JDVance.com
Joe Biden on Free Trade
: Feb 1, 2021
Reinstate Trump's 10% tariffs on aluminum from UAE
In one of his first trade actions, President Joe Biden reinstated a 10% duty on aluminum imports from the United Arab Emirates that Pres. Trump removed just one day before leaving office. "I consider it is necessary and appropriate in light of our
national security interests to maintain, at this time, the tariff treatment applied to aluminum article imports from the United Arab Emirates," Biden said.Why Biden acted: "The available evidence indicates that imports from the UAE may still displace
domestic production, and thereby threaten to impair our national security," Biden stated. Biden noted that US importers can apply for a waiver from tariffs on products not available from domestic suppliers. "Tellingly, there have been 33 such exclusion
requests for aluminum imported from the UAE, and the Secretary of Commerce has denied 32 of those requests," Biden said. "This indicates the large degree of overlap between imports from the UAE and what our domestic industry is capable of producing."
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Source: Politico.com e-zine on 2021 Biden Administration
Kanye West on Foreign Policy
: Oct 9, 2020
Place Americans' best interest first and foremost
Ensure that we always place Americans' best interest first and foremost in dealing with foreign affairs. We must project strength, not aggression. We want trust, but we must also verify. We want fair trade, not one-sided deals that hurt American workers.
Blessed are the peacemakers, for they shall be called sons of God. -- Matthew 5:9
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Source: 2020 Presidential campaign website kanye2020.country
Joe Biden on Free Trade
: Sep 17, 2020
China unfairly competes with state-owned enterprises
Q: How would you address China's unfair trade policies?BIDEN: I would make it clear, just as we did in our Administration, that when they use state-owned enterprises, which is what they're doing, state-owned enterprises, to undercut the price that
they can charge, to be able to come and compete with American manufacturing, that they would be denied that opportunity. I would also make it clear that if any of that is being purchased by any government agency, that we will not purchase anything that
is not made in America, including the downriver line of what has to be done, all the parts.
Q: What would you do differently from President Trump?
BIDEN: You can't do where he's given a tax break to companies that go overseas, and then import
the product back into the United States, even though their headquarters is here, the chain goes overseas, and they bring it back in cheaper, than you being able to produce it. I'm going to make sure that it's made in America.
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Source: CNN Town Hall 2020 drive-in with Anderson Cooper
Joe Biden on Free Trade
: Sep 17, 2020
China is a competitor, not an opponent
Q: Do you believe Russia is an enemy?BIDEN: I believe Russia is an opponent.
Q: Do you view China as an opponent? The President says you've been too cozy with China, too accepting of them in the international community.
BIDEN: I'm not that guy.
We now have a larger trade deficit than we've ever had with China. [Trump in a negative way] keeps going on about the World Trade Organization; they just ruled that his trade policy violated [WTO rules with its tariffs on China]. In our Administration,
when the WTO [was dealing with China], we sued. We went to the World Trade Organization 16 times, 16 times.
Q: Do you view China as an opponent?
BIDEN: I view China as a competitor.
Q: Competitor?
BIDEN: A serious competitor. That's why,
I think, we have to strengthen our relationships and our alliances in Asia. As you may recall, when I was in China, I said to Xi, "We're going to abide by international norms. That's what we're going to do and insist that they do."
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Source: CNN Town Hall 2020 drive-in with Anderson Cooper
Donald Trump on Free Trade
: May 6, 2020
Virus proves emphasis on American production
Trump, who has long pushed to boost domestic manufacturing as part of his "America First" ethos, says the coronavirus pandemic proves his point. "Look, there's nothing good about what happened with the plague -- especially the death -- but the one
thing is, it said, 'Trump was right,'" Trump said. "These stupid supply chains that are all over the world ... one little piece of the world goes bad, and the whole thing is messed up." Trump did allude to taxes or tariffs on production done overseas.
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Source: National Public Radio on Trump Administration
Dean Phillips on Free Trade
: Apr 28, 2020
Expand markets for businesses through fair trade agreements
Dean knows how important well-negotiated trade deals are for American businesses. Businesses and economies expand when middle-income families have more money to spend, and when American products and services can access overseas markets.
While Dean supports renegotiating sections of existing trade deals to make them more fair to American businesses, Dean opposes the current Administration's dangerous and arbitrary tariffs and escalating trade war.
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Source: 2018 MN-3 House campaign website PhillipsForCongress.org
Donald Trump on Budget & Economy
: Mar 5, 2020
Coronavirus: People spending money in US; I like that
Q: What's the impact on the economy and also, potentially, on your reelection?TRUMP: I think people are viewing us as having done a very good job. Nobody is blaming us for the virus. People are now staying in the US, spending their money in the US,
& I like that. You know, I've been after that for a long time. They've sort of been forced doing that. It's all going to work out. I just made a great China deal. China is paying us billions of dollars because of what I did to them with tariffs. I mean,
to a point where my farmers are in love with me because I took some of that money and gave it to them.
Q: Do you care about the national debt?
TRUMP: I do. Very much. Now, the good thing about the debt is we're paying very little interest--almost
nothing. In fact, I want to refinance the debt.
Q: So this would be a focus of a second term?
TRUMP: Oh, absolutely. Now, again, we were disturbed by what's going on with the virus, but that's going to be fine. But, you know, that was a disturbance.
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Source: Fox News Town Halls at the Scranton Cultural Center
Donald Trump on Free Trade
: Feb 29, 2020
No other president ever thought of imposing tariffs on China
I also took the strongest-ever action to confront China's illicit trade practices. You see what happened there. Our strategy worked. We have a great relationship with China now. They didn't even respect us. They were taking out $500 billion a year.
We had a trade imbalance. So we started charging tariffs. They hit our farmers. I gave the farmers everything that they took out, and the money came from China because it came out of the tariffs. No other President ever thought of it.
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Source: Remarks by President Trump at the 2020 CPAC Conference
Mike Pence on Free Trade
: Feb 27, 2020
China's on notice that the era of economic surrender is over
From day one, this president has fought for free and fair trade. After more than 30 years of trade policy that seemed to be more about just managing economic decline, the U.S.M.C.A. and the phase one China deal marked the beginning of a new era of
international trade that puts American jobs and American workers first. The president put China on notice that the era of economic surrender is over. We will continue to stand strong until China opens their markets.
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Source: Remarks by V.P. Pence at the 2020 CPAC Conference
Joe Biden on Free Trade
: Feb 19, 2020
Chinese pollution will result in tariffs on their products
China is taking the dirtiest coal in the world mostly out of Mongolia and spreading it all around the world. Make it clear when you call them to Washington in the first 100 days, if you continue,
you will suffer severe consequences because the rest of the world will impose tariffs on everything you're selling because you are undercutting the entire economy.
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Source: 9th Democrat 2020 primary debate, in Las Vegas Nevada
Donald Trump on Free Trade
: Feb 4, 2020
We said "that's enough" to China & signed new trade deal
I promised that I would impose tariffs to confront China's massive theft of American jobs. We signed the new agreement with China that will defend our workers, protect our intellectual property, bring billions of dollars into our treasury, and open
new markets. They could never believe what they were able to get away with without someone in our country stepping up and saying: Enough. Now, we want to rebuild our country, and that is what we are doing.
Click for Donald Trump on other issues.
Source: 2020 State of the Union address to Congress
Donald Trump on Free Trade
: Dec 31, 2019
Fact check: Trump claims China is paying new tariffs
False claim: "You're not paying for those tariffs. China's paying for those tariffs," the president told an Ohio crowd. "Until such time as there is a deal, we will be taxing the hell out of China."
Economists and experts told NBC News this is false. Consumers purchasing foreign goods are the ones who picked up the tab. J.P. Morgan estimated the cost of these tariffs on average U.S. families was more than $1,000.
Click for Donald Trump on other issues.
Source: NBC News analysis of impeaching Trump
Mike Pence on Free Trade
: Sep 10, 2019
Stayed out of discussions on steel and aluminum tariffs
There's no one that's going to disagree with this data. Then he added, "Data is data." Cohn occasionally sought Vice President Pence's help, always in private conversations. He made his case on steel and aluminum tariffs. "Mike
I need your help on this." "You're doing the right thing," Pence said. "I'm just not sure what I can do."
"Mike, there's no state going to be hurt worse than Indiana on steel and aluminum tariffs. Elkhart, Indiana, is the boat and
RV capital of the world. What goes into boats and RV's? Aluminum and steel. Your state is going to get killed on this.
"Yeah I got it."
"Can you help me?"
"Doing everything I can." As usual, Pence was staying out of the way. He didn't want to be tweeted about or called an idiot. [Many advisors] would have him do exactly that, stay out of the way.
Click for Mike Pence on other issues.
Source: Fear: Trump in the White House, by Bob Woodward, p.277
Joe Biden on Free Trade
: Sep 4, 2019
Use tariffs to get China to pay the price for pollution
Q: How would you try to get China to lower its emissions?BIDEN: We have to bring around the rest of the world. When we did the Paris accord that they signed onto, it was agreed that we would constantly up the ante. China is exporting coal technology.
They're making the environment much, much worse. There has to be a price that they pay if they do that. That's why I would talk about dealing with them in terms of tariffs. But you've got to get the rest of the world in on the deal to do i
Click for Joe Biden on other issues.
Source: Climate Crisis Town Hall (CNN 2019 Democratic primary)
Bernie Sanders on Free Trade
: Aug 25, 2019
Trump's actions on trade destabilizing world economy
What the president is doing is totally irrational, and it is destabilizing the entire world economy. You do not make trade policy by announcing today that you're going to raise tariffs by X-%, and the next day by Y-%, by attacking the person you
appointed as head of the Federal Reserve as an enemy of the American people, by denouncing the president of China, who last year you really loved as a great leader. This kind of instability causing very serious harm to the entire world economy.
Click for Bernie Sanders on other issues.
Source: CNN State of the Union interview for 2019 Democratic primary
Kamala Harris on Free Trade
: Jul 31, 2019
Trump's tariffs are a trade tax on workers and farmers
Donald Trump came in making a whole lot of promises to working people that he did not keep. Farmers are now looking at bankruptcy. Auto workers we expect perhaps hundreds of thousands will be out of jobs by the end of the year.
Because of this so called trade policy that has been nothing more than the Trump trade tax that has resulted in American families spending as much as $1.4 billion more on everything from shampoo to washing machines.
Click for Kamala Harris on other issues.
Source: July Democratic Primary debate (second night in Detroit)
Kamala Harris on Free Trade
: Jul 17, 2019
Don't use tariffs to pressure countries
Kamala Harrison Tariffs: Don't use tariffs to pressure countries.FIVE CANDIDATES HAVE SIMILAR VIEWS: Joseph Biden, Jr.; Steve Bullock; Peter Buttigieg; Kirsten Gillibrand; Beto O`Rourke.
The majority of Democrats have broadly slammed Trump's use
of tariffs. Candidates such as Sens. Kamala Harris and Kirsten Gillibrand have criticized the president's move to impose tariffs on China and U.S. allies, arguing they hurt American consumers, workers and companies.
Click for Kamala Harris on other issues.
Source: Politico "2020Dems on the Issues"
Doug Burgum on Free Trade
: Jun 20, 2019
Supports trade deal with Mexico/Canada
Burgum said in a statement that American producers "are among the world's best and can compete with anyone on a level playing field, and that the
USMCA "represents a tremendous opportunity to advance free and fair trade." Mexico and Canada are North Dakota's largest trading partners.
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Source: AgWeek on 2020 North Dakota gubernatorial race
Howie Hawkins on Free Trade
: May 28, 2019
Trade agreements must benefit workers, protect environment
Our campaign is about fair trade in commodities and capital while protecting the human right to freedom of movement. We want trade agreements to be reformed or replaced to benefit working people and protect the environment in the
US and around the world. We oppose the corporate-managed trade agreements that have enabled global corporations to play the workers of different countries off against each other in a race to the bottom.
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Source: Declaration of Candidacy for the Green Party Nomination
Donald Trump on Free Trade
: May 12, 2019
Says China is paying BIG TARIFFS, but U.S. consumers pay
The most recent round of trade talks with China ended this week with no final agreement, following Trump's decision to more than double tariffs on $200 billion of Chinese goods. Trump said that China should "act now" to wrap up a trade deal with the
U.S, warning that "far worse" terms would be offered to them in what he predicted would be his second term as president. Trump also suggested that the U.S. was "collecting" big tariffs from China: "Would be wise for them to act now, but love collecting
BIG TARIFFS!" he tweeted.White House economic adviser Larry Kudlow acknowledged that the Chinese do not directly pay tariffs on goods coming into the US, but instead American importers pay and oftentimes pass it on to US consumers, contradicting
Pres. Trump's claims. Kudlow said that "both sides will suffer on this," but argued that China will suffer significant GDP losses as export markets are hit. The blow to US GDP won't be substantial since the economy is "in terrific shape," he said.
Click for Donald Trump on other issues.
Source: CNBC's coverage of Trump Promises, "China Tariffs"
Donald Trump on Immigration
: Apr 5, 2019
Use threat of tariffs to get Mexico's cooperation
Mexico has been absolutely terrific for the last four days. They're apprehending everybody. Yesterday, they apprehended 1,400 people. The day before, it was 1,000. If they continue that, everything will be fine.
If they don't, we're going to tariff their cars at 25 percent.The system is full. We can't take you anymore. Whether it's asylum, whether it's anything you want, it's illegal immigration, can't take you anymore.
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Source: PBS Newshour "System is full," on 2020 presidential hopefuls
Donald Trump on Free Trade
: Feb 5, 2019
The Reciprocal Trade Act lets us respond to unfair tariffs
I am asking you to pass the United States Reciprocal Trade Act, so that if another country places an unfair tariff on an American product,
we can charge them the exact same tariff on the same product that they sell to us.
Click for Donald Trump on other issues.
Source: 2019 State of the Union address to United States Congress
Donald Trump on Free Trade
: Feb 5, 2019
Tariffs on $250B of Chinese goods: Treasury gains billions
To build on our incredible economic success, one priority is paramount--reversing decades of calamitous trade policies.We are now making it clear to China that after years of targeting our industries, and stealing our intellectual property,
the theft of American jobs and wealth has come to an end.
Therefore, we recently imposed tariffs on $250 billion of Chinese goods--and now our Treasury is receiving billions of dollars a month from a country that never gave us a dime.
But I don't blame China for taking advantage of us--I blame our leaders and representatives for allowing this travesty to happen. I have great respect for President Xi, and we are now working on a new trade deal with China.
But it must include real, structural change to end unfair trade practices, reduce our chronic trade deficit, and protect American jobs.
Click for Donald Trump on other issues.
Source: 2019 State of the Union address to United States Congress
Donald Trump on Free Trade
: Dec 20, 2018
FactCheck: No, tariffs won't "make America rich again"
Among the president's top 10 whoppers of 2018:TARIFFS ARE MAKING AMERICA RICH."When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so...
We are right now taking in $billions in Tariffs. MAKE AMERICA RICH AGAIN," Trump wrote in a December 2018 tweet.
Trump is misstating how tariffs work.
Tariffs are a fee charged by the U.S. when a good is brought into the U.S. They're designed to make foreign made goods more expensive--thus boosting domestic producers--but that expense,
charged to the importer, is typically passed down to American consumers.
Click for Donald Trump on other issues.
Source: NBC Fact Check on 2018 Trump Promises, "10 falsehoods"
Doug Burgum on Free Trade
: Dec 19, 2018
North American trade deal good for farmers, ranchers
Agriculture can be a volatile industry, so we need to do our best to ensure that our ag producers have as much access as possible to world markets. The USMCA reduces tariff and non-tariff barriers for agricultural markets and increases fairness in the
Canadian wheat grading system, improving our ability to work with Canada and Mexico. This increased market access broadens the customer base for our farmers and ranchers, thereby decreasing market volatility.
Click for Doug Burgum on other issues.
Source: Fargo-Moorhead Forum on 2020 North Dakota gubernatorial race
Tim Walz on Free Trade
: Oct 9, 2018
Rash tariffs on China against interests of America's farmers
Q: Support Trump's imposition of tariffs on Chinese steel & other products?Jeff Johnson (R): No. Concerned about how Chinese tariffs will affect Minnesota farmers.
Tim Walz (D): No. Calls the tariffs "rash" & not in "the interests of America's farmers."
Click for Tim Walz on other issues.
Source: 2018 CampusElect.org Issue Guide on Minnesota Governor race
Ron DeSantis on Free Trade
: Oct 9, 2018
Trump's tariffs will get concessions from China
Q: Support Trump's imposition of tariffs on Chinese steel & other products?Ron DeSantis (R): Yes. Trump is a master negotiator trying to get concessions.
Andrew Gillum (D): No. "He's threatening Florida's workers, farmers, & companies."
Click for Ron DeSantis on other issues.
Source: 2018 CampusElect.org Issue Guide on Florida Governor race
Doug Burgum on Free Trade
: Oct 2, 2018
Supports USMCA trade agreement to replace NAFTA
The USMCA is a new trade pact among the United States, Mexico and Canada, intended as a stronger and modernized replacement for the North American Free Trade Agreement (NAFTA).Gov. Doug Burgum (R-ND): "We're encouraged to hear that negotiators have
reached consensus to update our trilateral trade agreement with Canada and Mexico. . We're grateful to the administration for its continued efforts to expeditiously negotiate free and fair trade agreements that benefit American producers and consumers."
Click for Doug Burgum on other issues.
Source: White House press release in 2020 North Dakota Governor race
Donald Trump on Technology
: Sep 17, 2018
Let US companies work in China with proprietary technology
Trump's second round of tariffs on imports worth $200 billion--and a threat that the US would "immediately pursue phase three" if China retaliates--shows his administration's determination to force Beijing to allow US companies to operate in China as
Chinese companies can in America. China restricts foreign participation in key sectors including media and car manufacturing, under Beijing's agreement to join the WTO in 2001. In many cases, these restrictions force foreign companies to form joint
ventures and turn over proprietary technologies to their local partners to tap the Chinese market."For months, we have urged China to change these unfair practices, and give fair and reciprocal treatment to American companies," Trump said in a
statement. "We have been very clear about the type of changes that need to be made, and we have given China every opportunity to treat us more fairly. But, so far, China has been unwilling to change its practices."
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Source: South China Morning Post on 2018 Trump Administration
Donald Trump on Free Trade
: Aug 15, 2018
Country built on tariffs; they'll lead to new trade deals
@realDonaldTrump tweeted: "Our Country was built on Tariffs, and Tariffs are now leading us to great new Trade Deals - as opposed to the horrible and unfair Trade Deals that I inherited as your President.
Other Countries should not be allowed to come in and steal the wealth of our great U.S.A. No longer!" 11:04 AM - Aug 15, 2018
Click for Donald Trump on other issues.
Source: Fox News on Twitter posting from 2018 Trump Administration
Asa Hutchinson on Free Trade
: Jul 9, 2018
Supports high tariffs to eventually lead to low tariffs
Arkansas Gov. Asa Hutchinson said Trump's $12 billion support program to help farmers hurt by the trade war has softened the blow and that "there's a great deal of patience among our farmers" for the president's "tougher" trade policy. "We want very
quickly to get back to low tariffs," Hutchinson said. "No tariffs should be the objective so that we can compete in the global market, and the president I hope will be able to achieve that through negotiations very soon."
Hutchinson said a new trade agreement with China would be unprecedented. "I think it's critical for President Trump that he has a good outcome," Hutchinson said. "I think trade is a key part of that to show industrial
America his trade policies have benefited the working class here in the United States and those that depend on those manufacturing jobs. I think right now that grade is a little bit incomplete, but I'm optimistic it's going to turn around."
Click for Asa Hutchinson on other issues.
Source: RouteFifty.com blog on 2020 Arkansas Senate race
Doug Burgum on Free Trade
: Apr 4, 2018
Trade war with China, & tariffs, hurting domestic farmers
These proposed tariffs are particularly concerning for North Dakotans considering China is our fourth-largest export market and a major buyer of our agricultural products, including our No. 1 export market for soybeans.
Disrupting that trade relationship puts our farmers at a disadvantage, and we urge the administration to negotiate a deal that benefits U.S. producers and blocks these proposed retaliatory tariffs from taking effect.
Click for Doug Burgum on other issues.
Source: West Fargo Pioneer on 2020 North Dakota gubernatorial race
Donald Trump on Free Trade
: Mar 5, 2018
Trade wars are good; tariffs on steel and aluminum
Trump threatened to impose the tariffs on steel and aluminum imports [last week, and this week] Trump said in a tweet that "trade wars are good." His tweet came after he announced that he intends to impose a 25 percent tariff on steel imports and a 10%
tariff on aluminum imports next week, when he is scheduled to formally sign the measures."People have no idea how badly our country has been treated by other countries," Trump said. "They've destroyed the steel industry, they've destroyed the aluminum
industry, and other industries, frankly."
Trump railed against the North American Free Trade Agreement and the nation's trading partners throughout his campaign. Speaking at the shuttered Osram Sylvania factory in Manchester NH in June 2016,
he said, "New Hampshire has lost 31 percent of their manufacturing jobs since NAFTA," which went into effect in 1994, when Bill Clinton was president, Trump said. He called the creation of the World Trade Organization in 1995 "another Clinton disaster."
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Source: WMUR on Trump campaign promises
Donald Trump on Free Trade
: Jan 30, 2018
The era of economic surrender is over: reciprocal fair trade
America has finally turned the page on decades of unfair trade deals that sacrificed our prosperity and shipped away our companies, our jobs, and our Nation's wealth. The era of economic surrender is over. From now on, we expect trading relationships to
be fair and to be reciprocal.We will work to fix bad trade deals and negotiate new ones. And we will protect American workers and American intellectual property, through strong enforcement of our trade rules.
Click for Donald Trump on other issues.
Source: 2018 State of the Union address
Donald Trump on Free Trade
: Feb 28, 2017
US companies pay high tariffs abroad; let's change that
We must create a level playing field for American companies & workers. Currently, when we ship products out of America, many other countries make us pay very high tariffs and taxes--but when foreign companies ship their products into America, we charge
them almost nothing.I just met with officials and workers from a great American company, Harley-Davidson. I asked them how they are doing with international sales. They told me--without even complaining because they have been mistreated for so long
that they have become used to it--that it is very hard to do business with other countries because they tax our goods at such a high rate. They said that in one case another country taxed their motorcycles at 100 percent.
They weren't even asking for
change. But I am. I believe strongly in free trade but it also has to be FAIR TRADE. President Lincoln, warned that the "abandonment of the protective policy will produce want and ruin." Lincoln was right--and it is time we heeded his words.
Click for Donald Trump on other issues.
Source: 2017 State of the Union address to Congress
Donald Trump on Free Trade
: Sep 27, 2016
FactCheck: No, VATs are not tariffs against US exports
Trump said, "Mexico has a VAT tax. When we sell into Mexico, there's a tax, automatic, 16 percent. When they sell into us, there's no tax." Trump has never mentioned VATs before. Yesterday an economist at UC Irvine released a report analyzing Trump's
economic plan and taking aim at VAT taxes. [But that's not how VATs work].When a company in Germany makes goods to sell at home, it has to pay the VAT. But if it makes them to sell in the US, it doesn't--the tax gets waived at the border. If a US
company sells in Germany, it does have to pay the VAT. [The UC Irvine] interpretation is that] border adjustability turns the VAT into an "implicit export subsidy" for foreign companies and an "implicit tariff" on US exporters. This is just dead wrong.
Everybody has to pay Germany's VAT when they're selling goods in Germany. Nobody has to pay Germany's VAT when they're selling goods outside of Germany.
You can't really blame Trump for this one: a guy with a PhD in economics fed this stuff to him.
Click for Donald Trump on other issues.
Source: Mother Jones Fact-check on First 2016 Presidential Debate
Donald Trump on Free Trade
: Mar 10, 2016
It's not free trade with China; it's stupid trade
Sen. Ted CRUZ: Donald is right about international trade. He's right about the problems. But his solutions don't work: he proposed a 45% tariff on foreign goods. The effect of a 45% tariff would be when you go to Walmart, the prices you pay go up 45%.
A tariff is a tax on you, the American people.TRUMP: The 45% tariff is a threat. It's not a tax, it was a threat. It will be a tax if they don't behave. Take China as an example. I have many friends, great manufacturers, they want to go into China.
They can't. China won't let them. We talk about free trade. It's not tree free trade; it's stupid trade. China dumps everything that they have over here. No tax, no anything. We can't get into China. The best manufacturers, when they get in, they have
to pay a tremendous tax. The 45% is a threat that if they don't behave, we will tax you. It doesn't have to be 45, it could be less. But it has to be something because our country & our trade & our deals and most importantly our jobs are going to hell.??
Click for Donald Trump on other issues.
Source: 2016 GOP primary debate in Miami
Donald Trump on Government Reform
: Feb 13, 2016
I would build consensus, not use Executive Orders
Q: You promised that if Ford were to move a factory to Mexico, you would stop it or threaten them with a 35 percent tax or tariff on every car sold. Based on your understanding of the presidency, where do you derive that power?TRUMP: I would build
consensus with Congress. I don't like the idea of using executive orders like our president. I would build consensus, but consensus means hard work. You have to get them into the Oval Office and get them all together, and you have to make deals.
Click for Donald Trump on other issues.
Source: 2016 CBS Republican primary debate in South Carolina
Larry Elder on Free Trade
: Feb 4, 2016
Trump's tariffs on imports punish the American consumer
One of Donald Trump's talking points and biggest applause lines is how "they"--Japan, China and Mexico--are "beating us in trade" and are "taking our jobs." He proposes tariffs, for example, on Chinese goods in retaliation for that country's
alleged "cheating." To someone who is out of work in an industry where foreign workers do what he or she once did, Trump-like protectionism sounds appealing. But Trump actually proposes punishing the American consumer.
Click for Larry Elder on other issues.
Source: Presidential 2024 campaign press release on Creators.com
Bernie Sanders on Free Trade
: Feb 4, 2016
Don't believe that unfettered trade creates U.S. jobs
CLINTON: I voted for a multinational trade agreement, but I opposed CAFTA because I did not believe it was in the best interests of the workers of America. I did hope that the TPP, negotiated by this administration, I was holding out hope that it would
be the kind of trade agreement that I was looking for. Once I saw the outcome, I opposed it. We are 55 of the world's population. We have to trade with the other 95%.SANDERS: I do not believe in unfettered free trade. I believe in fair trade which
works for the middle class and working families, not just large multinational corporations. I was on the picket line in opposition to NAFTA. We heard people tell us how many jobs would be created. I didn't believe that for a second because I understood
what the function of NAFTA, CAFTA, PNTR with China, and the TPP is, it's to say to American workers, hey, you are now competing against people in Vietnam who make 56 cents an hour minimum wage. This is an area where the secretary and I have disagreements
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Source: MSNBC Democratic primary debate in New Hampshire
Donald Trump on Foreign Policy
: Jan 14, 2016
China totally controls North Korea; they're just taunting us
Without China, North Korea doesn't even eat. China is ripping us on trade. They're devaluing their currency and they're killing our companies. We've lost between four and seven million jobs because of China.
What I said then was, "we have very unfair trade with China. We're going to have a trade deficit of 505 billion dollars this year with China. I would start taxing goods that come in from China.
Click for Donald Trump on other issues.
Source: Fox Business Republican 2-tier debate
Chris Christie on Free Trade
: Nov 8, 2015
Supports free trade, but distrusts Obama's TPP agreement
Q: You've come out against the president's trade agreement that would eliminate 18,000 tariffs on US exports. Why isn't that a good thing? CHRISTIE: I don't trust this president to negotiate any deal. And that's what my answer was, to say I don't
trust this president negotiating a deal. I wouldn't let this president buy me a car, that's how bad a negotiator he is. So, I will not support TPP as negotiated by this president, because I'm convinced it will be just as bad as the Iranian nuclear deal.
Click for Chris Christie on other issues.
Source: Fox News Sunday 2015 Coverage of 2016 presidential hopefuls
Donald Trump on Immigration
: Nov 8, 2015
Mexico will pay for wall, but not through tariffs
Q: You haven't told us how you're going to get Mexico to pay for the wall (on US-Mexico border).TRUMP: I'll tell you right now. We have a trade imbalance of $40 billion, $45 billion with Mexico a year.
We give Mexico billions of dollars a year. The wall is going to cost $6 billion or $7 billion.
Q: So tariffs?
TRUMP: No, I'm not saying that. I'll get Mexico to pay for it one way or the other. I guarantee you that.
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Source: Meet the Press 2015 interview moderated by Chuck Todd
Donald Trump on Free Trade
: Oct 18, 2015
Restrict free trade to keep jobs in US
Q: You would end NAFTA, kill the Pacific Trade Agreement, impose tariffs on some products like 35% on Ford cars made in Mexico. TRUMP: I am all for free trade, but it's got to be fair. When Ford moves their massive plants to Mexico, we get nothing.
I want them to stay in Michigan.
Q: But the American Enterprise Institute says, your Trump Collection clothing line, some of it is made in Mexico and China.
TRUMP: That's true. I want it to be made here.
Q: The point is you're doing just what
Ford is--you're taking advantage of a global trading market.
TRUMP: I never dispute that. I just ordered 4,000 television sets from South Korea. I don't want to order them from South Korea. I don't think anybody makes television sets in the
United States anymore. I talk about it all the time. We don't make anything anymore. Now you look at Boeing. Boeing's going over to China. They're going to build a massive plant because China's demanding it in order to order airplanes from Boeing.
Click for Donald Trump on other issues.
Source: Fox News Sunday 2015 Coverage of 2016 presidential hopefuls
Jill Stein on Corporations
: Jun 25, 2015
Break up "too-big-to-fail" banks
A Just Economy: Set a $15/hour federal minimum wage. Break up "too-big-to-fail" banks and democratize the Federal Reserve. Reject gentrification as a model of economic development. Support development of worker and community cooperatives and
small businesses. Make Wall Street, big corporations, and the rich pay their fair share of taxes. Create democratically run public banks and utilities. Replace corporate trade agreements with fair trade agreements.
Click for Jill Stein on other issues.
Source: 2016 presidential campaign website, jill2016.com, "Plan"
Tim Scott on Free Trade
: May 30, 2015
Opposes currency manipulation as trade negotiation topic
The Senate rejected an amendment sponsored by Sen. Rob Portman (R-OH) to the Trade Act (HR 1314). The amendment would have defined currency manipulation as a key issue for US trade negotiators to take into account during trade talks with other countries.
A supporter, Sen. Debbie Stabenow (D-MI) said Japan and other Asian countries have used currency manipulation as a primary tactic to promote exports and discourage imports, creating an unfair trade dynamic for the US that hurts domestic manufacturers.
An amendment opponent, Sen. Orrin Hatch (R-UT) called it "far too risky" because it would derail prospects for signing the Trans-Pacific Partnership with Asian countries, subject US monetary policies to the threat of sanctions from overseas,
and discourage currency exchange rate transparency by countries that export goods to the U.S. The vote, on May 22, was 48 yeas to 51 nays.
NAYS: Sen. Tim Scott R-SC
YEAS: Sen. Lindsey Graham
Click for Tim Scott on other issues.
Source: Greenville News coverage of 2016 South Carolina Senate race
Mike Pence on Free Trade
: Jan 15, 2014
Favors free trade, but not tariff dodging from China
Pence asked U.S. Trade Representative Michael Froman to look into U.S. Steel's allegations, including that Chinese steelmakers dodge tariffs by misrepresenting what country the steel comes from.
The (Munster) Times reports that U.S. Steel has filed a trade case that could result in a ban on all Chinese imports deemed unfairly traded. Pence says he favors free trade but he called U.S. Steel's allegations against China serious.
Click for Mike Pence on other issues.
Source: Associated Press on 2016 Indiana gubernatorial race
Mike Pence on Free Trade
: Jan 15, 2014
Favors free trade, but not tariff dodging from China
Pence asked U.S. Trade Representative Michael Froman to look into U.S. Steel's allegations, including that Chinese steelmakers dodge tariffs by misrepresenting what country the steel comes from.
The (Munster) Times reports that U.S. Steel has filed a trade case that could result in a ban on all Chinese imports deemed unfairly traded. Pence says he favors free trade but he called U.S. Steel's allegations against China serious.
Click for Mike Pence on other issues.
Source: Associated Press on 2016 Indiana gubernatorial race
Joe Biden on Free Trade
: Mar 6, 2012
Countervailing duties against unfair trade practices
Vice President Biden today welcomed congressional passage of legislation clarifying the ability to apply countervailing duties (CVDs) on subsidized imports from non-market economies, including China. "By passing this law,
Congress has taken a clear stand against the unfair trade practices that have put countless American jobs in jeopardy," said Vice President Biden. "We will continue to use every available tool to make sure
America's trading partners play by the rules, because when they do, US businesses and workers can fairly compete--and out-compete anyone."In December 2011, the Court of Appeals for the Federal Circuit found, in
GPX v. United States, that U.S. law prohibits the Department of Commerce from applying CVDs to non-market economies, including China. This legislation overturns that decision.
Click for Joe Biden on other issues.
Source: Press Release: Clarification of Countervailing Duty Law
Jill Stein on Jobs
: Jan 25, 2012
Economic Bill of Rights: unionize; fair taxation; fair trade
The Green New Deal begins with an Economic Bill of Rights that recognizes our rights to an economy that serves people. This means that everyone willing and able to work has the right to a job at a living wage. All of us have the right to quality
education, health care, utilities, and housing. Each of us has the right to unionize, to fair taxation, and to fair trade.This means that everyone willing and able to work has the right to a job at a living wage. All of us have the right to quality
education, health care, housing and utilities. Each of us has the right to unionize, to fair taxation, and to fair trade.
The promise of an Economic Bill of Rights came out of the last period of widespread, extreme economic hardship, the
Great Depression. In 1944, FDR said that "true individual freedom cannot exist without economic security and independence." And 20 years later, Martin Luther King raised up the call for an Economic Bill of Rights once again.
Click for Jill Stein on other issues.
Source: Green Party 2012 People's State of the Union speech
Joe Biden on Free Trade
: Dec 13, 2007
No to tariffs; just enforce the law
Q: Would you call for tariffs to protect American consumers from unsafe products from China? Are you willing to go there?A: I'm not. No, I'm not willing to go there.
You don't need to start a tariff war. All you have to do is enforce the law. Enforce the law.
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Source: 2007 Des Moines Register Democratic debate
Joe Biden on Free Trade
: Jul 12, 2007
No trade agreements without workers' & environmental rights
Q: What would you do to address the issues of unfair trade and the related global issue of unfair labor practices?A: Obviously, no trade agreements that do not include workers' rights and environmental rights.
But getting right to it, it seems to me that we have an incredible opportunity here to reassert America's dominance in the world economic system, and that is by significantly investing in a health care policy that takes the burden off of employers.
Click for Joe Biden on other issues.
Source: 2007 NAACP Presidential Primary Forum
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