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The Whole Enchilada: Sanctions, Semiconductors, and Buy American

The Trade Guys

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Is Temporary Normal Trade Relations a Bad Idea?

The notion of temporary normal trade relations, and the difference tween temporary and permanent, was a piece of legislation from the seventies. Without that, russia can treat us any way they like. That's important when it comes to counter measures. Trade policy is, if you do not have m f n ornormal trade relations, you face what's called column two tariffs,. And on many items, though, smoothaly tariffs are prohibitively high. They would stop trade entirely. The thinks bill's memory better than mine to day.

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