Congressman Smith says Trump has a point on trade with China, but worries about impact on agriculture
WASHINGTON, D.C. - Congressman Adrian Smith says President Donald Trump is trying to make a point in his trade war with China.
Smith says China has engaged in unfair trade practices and the president wants to address that.
Yet, Smith says certainty is important in trade policy.
“Let’s move forward in a productive fashion and the sooner we get things back on solid footing I think the better off everyone will be,” Smith tells Nebraska Radio Network.
Smith says agriculture is sure to get hurt in a trade war. He says the sooner the United States can resolve its differences with China, the better.
“Listening to producers, they want to know what the ground rules are and so that we can build from that and that’s how, I think, we can best move forward,” Smith says.
The war could be escalating.
President Trump has now directed trade officials to identify tariffs on $100 billion more Chinese imports.
The move is the latest tit-for-tat between the two countries. China retaliated against U.S. trade sanctions, proposing duties totaling $50 billion against American imports, including soybeans, beef, aircraft, and chemicals.
In a statement, the president said the U.S. Trade Representative had determined that China “has repeatedly engaged in practices to unfairly obtain America’s intellectual property.”
A state media report criticized President Trump, calling the threat of more trade action against China “ridiculous”.