The Impact Of Proposed Tariffs

On Monday, The Daily Caller reported that Honda will be moving some of its manufacturing from Mexico to Indiana as a result of President Trump’s tariff plans for Mexico,

The article reports:

Honda intends to move production of one of its best-selling car models to the U.S. from Mexico in an attempt to avoid potential tariffs, Reuters reported on Monday.

The major automaker decided to shift production of its next-generation Civic hybrid car to Indiana, three anonymous sources told Reuters. The news comes after President Donald Trump on Feb. 1 imposed 25% tariffs on imports from Canada and Mexico alongside 10% tariffs on imported goods from China in an attempt to stop deadly drugs and illegal migrants coming into the U.S. from the countries.

The article concludes:

Ahead of Trump’s recent return to the White House, there were a growing number of reports of U.S.-based companies gearing up to shift their production out of foreign countries such as China in anticipation of the incoming Trump administration implementing new tariffs. Notably, Trump signaled on Feb. 19 that reaching a trade deal with Beijing was “possible.”

A spokesperson for Honda did not immediately respond to a request for comment from the Daily Caller News Foundation.

There are other reasons for moving manufacturing back to the U.S. under the Trump Presidency. President Trump has shown in the past that he wants to reduce regulations and increase energy production. Less regulation and cheaper (and stable) energy attract manufacturing. Also, the corporate tax under President Trump (if Congress cooperates) will remain low. In the last Trump administration, many corporations brought their manufacturing back to America. If the Trump administration policies are put in place, that will happen again.

Dealing With China

Author: R. Alan Harrop, Ph.D

Article: Dealing With China              Author:  R. Alan Harrop, Ph.D       harropcrew1@gmail.com 

How the United States has dealt with China over the past few decades is a classic example of not putting America first along with wishful thinking which has put us in very dangerous situation of our own making.  Instead of isolating an evil communist regime, our leaders believed if we gave them special considerations like trade agreements that they would realize that communism is a failed system and become democratic trading partners and respect us as their friends.  Dumb, dumb, dumb.    Instead the Chinese Communist Party outwitted us and  profited immensely from an extremely favorable trade balance in their favor.  We have made a communist country a strong military and economic powerhouse that now exceeds us in many ways.   We may have sold our freedoms and security for cheap consumer goods.    

The question now is what do we do about it and is it too late?  Only time will tell if it is too late, but here are some things we must do.  First, we must recognize and act like they are the threat that they present.  Second, we must re-direct our manufacturing so that we eliminate our dependence on China.   We have an abundance of fossil fuel energy which they do not; so we must return to energy independence.  Stop the move toward windmills, solar panels and electric cars that depend on China for production.   Essential medical supplies and medicines must be made in America.  Third, we must cease allowing China to fund research and send their students to our universities. We must cease investing in their economy instead of ours.  For example, some state governments are investing their pension funds in China through asset managers like BlackRock.    Fourth, we must protect our food supply by stopping communist China from owning our essential agricultural land and food processing facilities (e.g. Smithfield Foods).   China currently owns an estimated 400,000 acres of agricultural land some of it located close to military bases.  Allowing a communist regime to control part of our food supply is absolute lunacy.   Fifth, the fentanyl poisoning of Americans from Chinese manufactured chemicals  processed by the Mexican drug cartels is killing over 100,000 Americans per year which is more than the death toll of the Korean War(36,574) and Vietnam War(58,148) combined.  And this is every year!  Why are we putting up with this?  Would we retaliate if China was killing 100,000 Americans with weapons?  What we should do is inform China that if the shipment of their chemicals to Mexico is not stopped we will stop all shipments of American coal (13 million tons) and food products (such as soy beans 14 million tons) to China. This will get their attention. 

The above represent some of the things that need to be done if we are serious about dealing with the threat from communist China.  Why are we not taking these and similar actions?  Try greed.   We have funded the growth of the China threat and the profits made by big corporations (and corrupt polititians) keep this going and will ultimately   result in the destruction of America.   It is clear that the weak and corrupt Biden administration will do nothing.   The only hope is that  Republicans will have the courage to take action before it is too late.   Let’s hope so for ourselves, children and grandchildren.