From china. This is on top of the most favoured nation tariff of 6. 1 already slapped onto chinese produced evs that are imported into canada. Now, the government also intends to apply a 25 tariff on imports of steel and aluminium products from china. Canadas finance minister, chrystia freeland, says these measures were about protecting domestic producers. The reality is china has an intentional state directed policy of overcapacity and oversupply, designed designed to cripple our own industries. Talk to the steel sector. Talk to the aluminium sector to understand how effective that has already been. We simply will not allow that to happen to our ev sector. The auto tariffs bring canada in line with its southern neighbour. The us introduced 100 tariffs on chinese made evs in may whilst the eu is also imposing higher tariffs. It comes after Us National Security advisorjake sullivan, whos en route to beijing, touted the need for a united front on tariffs when he met Withjustin Trudeau an
The heroes and congress from Freedom Caucus in the conservative caucus, my good friend up in d. C. Still fighting the fight that were still on china today and im kind of going to go one by one, we have three panels of four u. S. Congressman, were honored to have all of you here today and lets just start off with brian from texas and brian im going to lead off, the other brothers from congress who can hear this in the back room, hello brothers back there and sisters, i hear you in the back room. There all my friends. [laughter] congressman babbitt, the first hurdle is upon which Everything Else depends is the sense of how did china send us this virus, was it intentionally in any respect, was it an accident, we know it came from the wuhan district and it was near a lab but everything hangs on this proposition, we have 40 Million People out of work, we have deaths and suffering in family breakup, bankruptcy is small businesses, disaster in this country, in some sense its caused by china,
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Freemarket economics in judeochristian principles. During this session several members of the House Freedom caucus discussed u. S. China relations and how it impacts their districts. Welcome back to the center. We had an actionpacked day. You are about ready to see the best of the best. These are the heroes in congress from Freedom Caucus and the conservative caucus. My good friends up in d. C. Still fighting the fight, that we are still china today and on going to go one by one. We have three panels of four u. S. Congressman so we are honored to have all of you here today, and lets just start off with brian babin from texas, and bryant, im going to leadoff with the other brothers from congress who can do this in the back room, hello, brothers back there, and sisters. I can hear you in the back room. They are all my friends. Con babbitt, want to ask you all kinds of first hurdle is upon which anything else depends is the sense of how did china send us this virus . Was it intentional in
A downturn and why im going to divide my explanation into 3 parts and im going to you know what lets do this i want to go over to the wall so i can do this for you let me go over here so i could show you what it is that were seeing as far as some of the trends go right theres a theres a debt burden in our country right now we talked about this before its like no other ever experienced in our nations history Household Debt is above 14 trillion dollars thats how much the average american someone like yourself may owe right so let me try and break this down for you into 3 key parts that many of you may find well relatable thats why we put this line graph up here for you and i want to start with auto debt its been going up now for about 3 straight years thats the blue line that you see right there look at that line look at the trajectory thats taken you know what this number represents right here that number. Its 1. 00 trillion dollars now i want you to look at Student Loans thats represen