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Released: Filed Under: Parliamentary Debate
About "Trump's Trade War"
Beginning in January of 2018, President Donald Trump began levying trade tariffs on a variety of industries, increasing the cost of importing goods and angering much of the international community. Tariffs levied include solar panels, washing machines, steel, and aluminum.
Because of these tariffs, China accused the US President of starting a trade war, retaliating with equivalent tariffs of $34 billion. Other nations, including Canada, have imposed retaliatory tariffs. These retaliatory tariffs have heavily impacted US agriculture. President Trump has attempted to mitigate this impact short term through the Commodity Credit Corporation, which aids farmers losing sales due to the trade war. China has threatened additional tariffs on the US, which could escalate the trade war further.
Economic penalties have begun to rise, and many are calling for the end of the conflict, a reversal of Trump’s policies, and international cooperation to prevent future losses.
This week’s topics of debate include Trump’s tariffs, the Manafort tax fraud, privacy, public health issues, immigration policy, the valuation of Apple, and more!
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