Former Trump trade negotiator Robert Lighthizer says tariffs may help reset trade relationship with China.
Robert Lighthizer , who was the U.S. trade representative in President Trump's first administration, says China poses an existential threat to the United States that must be urgently addressed by Washington. The threat is a result of years of unbalanced trade with China , Lighthizer says, and large, broad tariffs are needed to disentangle the two economies. Lighthizer, who campaigned with President Trump, serves as an unofficial adviser.
' No, no, no. It's a tax on a foreign country. It's a tax on a country that's ripping us off and stealing our jobs,' Trump said in Wilkes-Barre, Pennsylvania, in August. Most importers and economists will say the president is mistaken. Tariffs are not a tax on a foreign country. The tax is paid by the importer in the U.S. So if Walmart, for example, imports goods from China, Walmart pays the tariff when the goods cross into the U.S.
Donald Trump China Robert Lighthizer
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