President Trump slapped China with additional tariffs, raising the total to 104 percent. This ignited an immediate response by China with 84 percent tariff on imports of U.S. goods. This forced Apple to fly plane loads of goods to the U.S. before the tariffs struck to avoid the price hike. The Apple iphone may jump up to $2500 when it's all said and done if the countries don't come to the table to negotiate. China relies heavily on the U.S. market and has used and abused the rules of the WTO for years. President Trump is the first to put his foot down in the unfair practices China has employed for decades. President Trump also signed executive orders reinvigorating the coal industry. He lifted the Biden era restrictions on clean coal plants and is accelerating permitting and funding on new coal projects which will allow the coal industry to flourish. Mick Mulvaney is the former Director of the Office of Management and Budget as well as the former White House Chief of Staff. Mulvaney walks us through the current climate on global trade and tariffs. Are the tariffs more effective as a negotiating tool or a real source of income for the United States? Can domestic industries that have been squandered be brought back to life? Mulvaney gives us insight as to what to expect at home and abroad. China must be dealt with separately for geo-political reasons. China has abused the WTO rules, stolen American IP and failed to act like a leading industrial nation. Mulvaney says we treat China like a Communist nation, which is what they are.
Featuring:
Mick Mulvaney
Former Director of Office of Management and Budget
Former White House Chief of Staff
Former Congressman | South Carolina, District 5
Today's show is sponsored by:
Delta Rescue
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