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DEXTER\x27S LURE LAB
China Observer
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Comments by "DEXTER\x27S LURE LAB" (@secretbassrigs) on "China’s Great Recession Begins, Resembling the Soviet Union in the 1970s" video.
End of the PNTR with China Act coming soon! The CCP economy is done for. Xi Jinping learned nothing from history. The Restoring Trade Fairness Act: -The bill would end PNTR for China. There would be no annual Congressional vote for recertification. It would codify tariffs in statute and create a new tariff column for China. -The new column would create a minimum 35% ad valorem (in proportion to the estimated value of the goods or transaction) tariff for non-strategic goods and a minimum 100% ad valorem tariff for all strategic goods. -Phase-in period: The new tariff column rates would be phased-in over five years with 10 percent of the tariff increase implemented in year one, 25 percent of the increase implemented in year two, 50 percent of the increase implemented in year four, and 100 percent of the increase implemented in year five. -Strategic Goods: Strategic goods are listed in the bill by HS code. They are based on the Biden administration’s Advanced Technology Product List and China’s Made in China 2025 plan. -The bill would end De Minimis treatment for covered nations (including China) and require customs brokers for other de minimis shipments. -It would provide tariff revenue to U.S. farmers and manufacturers injured by possible Chinese retaliation. Additional revenue would be used to purchase munitions vital to deterring CCP aggression in the Pacific.
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You have no idea how bad things really are if you have no freedom of information
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End of the PNTR with China Act coming soon! Don't Cry.... The Restoring Trade Fairness Act: -The bill would end PNTR for China. There would be no annual Congressional vote for recertification. It would codify tariffs in statute and create a new tariff column for China. -The new column would create a minimum 35% ad valorem (in proportion to the estimated value of the goods or transaction) tariff for non-strategic goods and a minimum 100% ad valorem tariff for all strategic goods. -Phase-in period: The new tariff column rates would be phased-in over five years with 10 percent of the tariff increase implemented in year one, 25 percent of the increase implemented in year two, 50 percent of the increase implemented in year four, and 100 percent of the increase implemented in year five. -Strategic Goods: Strategic goods are listed in the bill by HS code. They are based on the Biden administration’s Advanced Technology Product List and China’s Made in China 2025 plan. -The bill would end De Minimis treatment for covered nations (including China) and require customs brokers for other de minimis shipments. -It would provide tariff revenue to U.S. farmers and manufacturers injured by possible Chinese retaliation. Additional revenue would be used to purchase munitions vital to deterring CCP aggression in the Pacific.
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@kamsunleong6648 January 23, 2025 The RESTORING FAIR TRADE ACT: -The bill would end PNTR for China. There would be no annual Congressional vote for recertification. It would codify tariffs in statute and create a new tariff column for China. -The new column would create a minimum 35% ad valorem (in proportion to the estimated value of the goods or transaction) tariff for non-strategic goods and a minimum 100% ad valorem tariff for all strategic goods. -Phase-in period: The new tariff column rates would be phased-in over five years with 10 percent of the tariff increase implemented in year one, 25 percent of the increase implemented in year two, 50 percent of the increase implemented in year four, and 100 percent of the increase implemented in year five. -Strategic Goods: Strategic goods are listed in the bill by HS code. They are based on the Biden administration’s Advanced Technology Product List and China’s Made in China 2025 plan. -The bill would end De Minimis treatment for covered nations (including China) and require customs brokers for other de minimis shipments. -It would provide tariff revenue to U.S. farmers and manufacturers injured by possible Chinese retaliation. Additional revenue would be used to purchase munitions vital to deterring CCP aggression in the Pacific. Source: TheselectcommitteeontheCCP.house.gov
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End of the PNTR with China Act coming soon! introduced on January 23rd, 2025 The Restoring Trade Fairness Act: -The bill would end PNTR for China. There would be no annual Congressional vote for recertification. It would codify tariffs in statute and create a new tariff column for China. -The new column would create a minimum 35% ad valorem (in proportion to the estimated value of the goods or transaction) tariff for non-strategic goods and a minimum 100% ad valorem tariff for all strategic goods. -Phase-in period: The new tariff column rates would be phased-in over five years with 10 percent of the tariff increase implemented in year one, 25 percent of the increase implemented in year two, 50 percent of the increase implemented in year four, and 100 percent of the increase implemented in year five. -Strategic Goods: Strategic goods are listed in the bill by HS code. They are based on the Biden administration’s Advanced Technology Product List and China’s Made in China 2025 plan. -The bill would end De Minimis treatment for covered nations (including China) and require customs brokers for other de minimis shipments. -It would provide tariff revenue to U.S. farmers and manufacturers injured by possible Chinese retaliation. Additional revenue would be used to purchase munitions vital to deterring CCP aggression in the Pacific.
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Xi Jinping learned nothing End of the PNTR with China Act coming soon! Don't Cry.... The Restoring Trade Fairness Act: -The bill would end PNTR for China. There would be no annual Congressional vote for recertification. It would codify tariffs in statute and create a new tariff column for China. -The new column would create a minimum 35% ad valorem (in proportion to the estimated value of the goods or transaction) tariff for non-strategic goods and a minimum 100% ad valorem tariff for all strategic goods. -Phase-in period: The new tariff column rates would be phased-in over five years with 10 percent of the tariff increase implemented in year one, 25 percent of the increase implemented in year two, 50 percent of the increase implemented in year four, and 100 percent of the increase implemented in year five. -Strategic Goods: Strategic goods are listed in the bill by HS code. They are based on the Biden administration’s Advanced Technology Product List and China’s Made in China 2025 plan. -The bill would end De Minimis treatment for covered nations (including China) and require customs brokers for other de minimis shipments. -It would provide tariff revenue to U.S. farmers and manufacturers injured by possible Chinese retaliation. Additional revenue would be used to purchase munitions vital to deterring CCP aggression in the Pacific.
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