Peter Morici: Trump Trade Policies Will End Years of Politicians Selling Out American Workers
by JOHN HAYWARD
BreitBart.com
14 Nov 2016
Peter Morici, University of Maryland business professor and former director of economics for the U.S. International Trade Commission, appeared on Monday’s Breitbart News Daily to discuss his weekend column for the New York Post, “Trump Can Get Us the China Deal We Deserve.”
“All along, when I would go to the mainstream media to do interviews, I’d be confronted by liberals who’d say, ‘Under what authority could he institute a tariff?’ Well, the answer is, he’s got plenty of authority under existing U.S. legislation to institute a 45 percent tariff, and if it’s ‘draconian,’ then they’d better repeal New York Times columnist and Nobel laureate Paul Krugman’s Nobel prize because he suggested the same thing,” Morici told SiriusXM host Alex Marlow.
He noted the Left’s previous embrace of sweeping executive power is one of the many things that has become “very inconvenient” for them since Trump’s election. Another was “abandoning all those white folks in the middle of America.”
With the threat of tariffs as a lever, Morici said we could “renegotiate the accession agreement China signed to enter the WTO.”
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