- Here’s How Trump Could Try to Stop Some Companies from Offshoring Jobs I like this idea. Especially since a hike in tariffs on imported goods could have serious consequences.
Congress requires the federal government to favor American-made products when it buys things. But in recent decades, the U.S. has exempted goods produced in countries with which the U.S. has trade agreements from so-called Buy America provisions. As a result, rather than using its purchasing power to give preferential treatment to goods produced domestically, the federal government treats goods manufactured in countries like Mexico and China the same as if they were American-made products.
Because those elements of trade agreements are enacted through regulatory waivers, Trump can simply scrap the waivers, according to Lori Wallach, director of Public Citizen’s Global Trade Watch.
“Trump, were he so inclined, could guarantee a lot more purchase of U.S. manufactured goods ― steel, glass, but also cars, computers, phone systems et cetera ― by getting rid of that waiver. And Congress does not really have anything to do about it,” Wallach said.
- It Wasn’t the Russians: Hillary Lost Because She Blew Off Sanders and His Voters
- Team Bernie: Hillary F*cking Ignored Us in the Swing States I always thought she should have made him or Warren her VP pick.
- Trump Is Going After Healthcare. Will Democrats Push Back?
- Tribalism Run Amok: Now Donald Trump Voters Are Worried He Might Take Their Obamacare Away
- To Fix Obamacare, the GOP Needs to Tackle this Major Flaw in the System