America is under economic attack.For decades, Washington politicians looked the other way while the Chinese Communist Party (CCP) quietly flooded our markets with artificially cheap goods, wiping out American jobs and entire industries.
Thanks to President Trump, that era of willful blindness is over.But the fight is far from finished.When you hear the term "dumping", it might not sound like much of a threat.
But it is one of the most destructive economic weapons the CCP uses against the United States.Dumping occurs when a country subsidizes the production of a good in order to flood another country with cheap goods to crater their domestic production capacity.
The practice is anti-free market because it uses government funding to produce goods beyond consumer demand and distort prices. While career politicians shrugged and allowed multinational companies to outsource American jobs to Beijing, President Donald Trump said enough.On his first day back in office, President Trump signed the America First Trade Policy Executive Order, directing his administration to review existing tariffs and duties on Chinese goods to ensure they are strong enough to actually stop the cheating.
Unlike past administrations, the Trump administration actively fights dumping around the world. TRUMP’S TARIFF WAR WITH BEIJING IS PART OF A MULTI-PRONG STRATEGY TO SECURE AMERICA FROM A MUCH BROADER THREATPresident Trump is taking action.But Communist China is persistent, creative, and patient.
The CCP will look for workarounds, shift product categories, route goods through third countries, and probe every gap in our enforcement framework.America must maintain a robust enforcement agenda at the U.S.
Trade Representative and continue applying Antidumping and Countervailing Duties to keep international markets fair and hold China to the agreements it has already signed.The industries under CCP attack represent the backbone of American industry: steel and aluminum, automobiles, critical ...