My thoughts. President Biden’s economic plan
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Posted On: 09/13/2024 7:40:21 AM
Re: Wallstreet1234 #10783
My thoughts.
President Biden’s economic plan is supporting investments (no where have I seen it excluded investment from Chinese companies into America Companies))and creating good jobs in key sectors that are vital for America’s economic future and national security. China’s unfair trade practices concerning technology transfer, intellectual property, and innovation are threatening American businesses and workers. China is also flooding global markets with artificially low-priced exports(which the tariffs are being used to raise the price of those low price exports so that the higher labor cost US products can compete)with. In response to China’s unfair trade practices and to counteract the resulting harms, today, President Biden is directing his Trade Representative to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports from China protect American workers and businesses .
Tariffs are to save are create American jobs.
President Biden’s economic plan is supporting investments (no where have I seen it excluded investment from Chinese companies into America Companies))and creating good jobs in key sectors that are vital for America’s economic future and national security. China’s unfair trade practices concerning technology transfer, intellectual property, and innovation are threatening American businesses and workers. China is also flooding global markets with artificially low-priced exports(which the tariffs are being used to raise the price of those low price exports so that the higher labor cost US products can compete)with. In response to China’s unfair trade practices and to counteract the resulting harms, today, President Biden is directing his Trade Representative to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports from China protect American workers and businesses .
Tariffs are to save are create American jobs.
Quote:
Chinese companies invested 28.04 billion U.S. dollars into firms in the United States in 2023, when measured on a historical-cost basis. The total foreign direct investments in the U.S. were valued at approximately 5.39 trillion U.S. dollars in that year
Quote:
How much of Disney is owned by China?
43 percent
The Walt Disney Company owns 43 percent of the resort; the majority 57 percent is held by Shanghai Shendi Group, a joint venture of three companies owned by the Shanghai government.
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