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The USTR Lays Ground Work For Years of Tariffs

JM Ashby
Written by JM Ashby

Trump regime officials and Trump himself say the ultimate goal is to sign a comprehensive trade deal with China that rolls back tariffs and implements structural reforms in China's economy, but the regime is quietly preparing to implement Trump's tariffs for years to come.

Politico reports that the office of the United States Trade Representative (USTR), Robert Lighthizer, has filed paperwork in the Federal Register indicating that they're planning to impose tariffs for at least the next three years.

USTR is indicating it plans to maintain some of its tariffs on more than $350 billion worth of Chinese goods for three more years, according to a Federal Register notice set to be published today.

In the notice, the Trump administration has outlined several changes it plans to make to the process for companies to request that certain products be excluded from Trump’s tariffs. USTR is also submitting a request to OMB to renew the revised process for three years.

Now, obviously, if Trump miraculously signs a fateful deal with China the USTR could file new paperwork, but what is the more likely scenario?

Whether the next president is a Democrat or --god forbid-- Trump himself, they're going to have a trade war on their hands.

  • muselet

    Donald Trump is, as I’ve said before, a mercantilist. Combine that archaic view of trade and economics with his … erm … unique negotiating style and we’re facing an endless trade war with the rest of the world (it won’t end with China).

    The Great Depression could look like the Good Old Days when Trump is through playing with the global economy.

    –alopecia

  • gescove

    If the Orange Fuhrer can implement tariffs with a stroke of his sharpie, I suspect an incoming Democratic administration can eliminate them just as easily. Before Trump, I thought that our trade and foreign policies were more deliberate and encumbered. Now I see that all it takes is a nincompoop squatting in the Oval Office to rewrite them at his whim.