AMAZING research and reporting by @KatyStech & @JoshZumbrun
Despite assurances otherwise, Trump's 25% tariffs **STILL** apply to products that US companies need to provide hospital equipment in short supply in the fight against COVID-19.
(still!)
1/
wsj.com/articles/u-s-t…
Despite assurances otherwise, Trump's 25% tariffs **STILL** apply to products that US companies need to provide hospital equipment in short supply in the fight against COVID-19.
(still!)
1/
wsj.com/articles/u-s-t…
Trump's tariffs are still on...
Glutaraldehyde, which Lubrizol Corp. needs to make disinfectant effective at killing coronavirus
Viscose Rayon Fibers, which Berry Global Group (Benson, NC) needs to make sanitary wipes... 2/
Glutaraldehyde, which Lubrizol Corp. needs to make disinfectant effective at killing coronavirus
Viscose Rayon Fibers, which Berry Global Group (Benson, NC) needs to make sanitary wipes... 2/
Trump's tariffs are still on...
Face Splash Guards, which HLP Clear Packaging Products needs to make eyes-nose-mouth coverings
Anesthesia Machines, which Mindray (NJ) needs because they have built-in ventilators
and more... 3/
Face Splash Guards, which HLP Clear Packaging Products needs to make eyes-nose-mouth coverings
Anesthesia Machines, which Mindray (NJ) needs because they have built-in ventilators
and more... 3/
Recall: On March 27, Trump's USTR wrote to the @WSJ
"the US Trade Representative granted immediate exclusions from the Section 301 tariffs for all critical medical products WEEKS AGO."
"weeks ago"???
4/
wsj.com/articles/light…
"the US Trade Representative granted immediate exclusions from the Section 301 tariffs for all critical medical products WEEKS AGO."
"weeks ago"???
4/
wsj.com/articles/light…
Inputs are also a “critical medical product” American companies need.
This is a pattern. Recall the GM ventilator parts story, also uncovered by @KatyStech last week... 5/
This is a pattern. Recall the GM ventilator parts story, also uncovered by @KatyStech last week... 5/
This is a pattern. Recall the Gojo Industries request THAT WAS DENIED (on March 5!), before pressure led Trump's USTR to reverse that decision on April 3...
@Jendeben reported amazingly on that one, until finally tariffs were removed...
6/
bloomberg.com/news/articles/…
@Jendeben reported amazingly on that one, until finally tariffs were removed...
6/
bloomberg.com/news/articles/…
Overall, Trump's COVID-19 trade policy is incoherent.
This week, Trump slapped export bans on respirators, masks and gloves.
An export ban would be devastating if it leads to retaliation: America buys 5x the amount of IMPORTS of these PPE as it exports.
This week, Trump slapped export bans on respirators, masks and gloves.
An export ban would be devastating if it leads to retaliation: America buys 5x the amount of IMPORTS of these PPE as it exports.
Also, Trump slapped the export ban on the same respirators, masks over which he continued to impose tariffs - stopping imports, contributing to shortages - until **March 17**...
These excellent investigative journalists spent much time reading and digging through super boring, but super important documents.
Thanks @KatyStech & @JoshZumbrun
wsj.com/articles/u-s-t…
Thanks @KatyStech & @JoshZumbrun
wsj.com/articles/u-s-t…
