Senator Steve Daines recapped his trip to China, outlining key issues such as fentanyl trafficking from China, trade agreements, and the importance of stable tax policies. He emphasized the need for action against drug trafficking, criticized China’s failure to meet trade deal commitments, and advocated for permanent tax cuts. Daines highlighted the dual nature of U.S.-China relations in terms of economic opportunities and national security threats.

U.S. Senator Steve Daines of Montana recently concluded a trip to China, during which he addressed critical topics such as economic relations, security concerns, and geopolitical dynamics in an interview with Fox Business’ Maria Bartiromo. He highlighted the need for urgent measures to combat fentanyl trafficking from China to the United States and indicated that this issue constitutes a significant public health crisis, with approximately 100,000 American fatalities each year linked to the drug epidemic.

Senator Daines emphasized the importance of addressing the drug war, insisting that the Chinese government, led by President Xi Jinping, must take decisive action to halt the supply of fentanyl precursors to Mexican cartels. He remarked on the necessity of obtaining tangible results rather than mere discussions about slowing the drug flow.

Furthermore, Daines acknowledged the dual nature of U.S.-China relations, advocating for strategic decoupling in sectors where national security is at risk while recognizing significant business opportunities for American companies in China. With revenues nearing $500 billion annually, companies such as Boeing and FedEx require access to the Chinese market to maintain growth and support research and development efforts.

In discussing trade negotiations, Daines referenced the Phase One trade deal, initiated over five years ago, asserting that China has not met its commitments. He noted that the country was expected to increase U.S. purchases by $200 billion but has achieved less than half of that goal, along with ongoing concerns regarding issues like intellectual property rights and licensing.

On domestic economic policies, Daines called for the permanence of tax cuts introduced during President Trump’s first term. He warned of a potential $4.5 trillion tax increase looming at the year’s end if Congress does not take timely action, advocating for stability in tax policy to improve private sector investment and hiring. He also suggested incorporating the debt ceiling discussions into upcoming legislative proposals to avoid unfavorable negotiations with opposing parties.

In summary, Senator Steve Daines’ recent visit to China underscored critical issues surrounding U.S.-China relations, particularly regarding the fight against fentanyl trafficking, trade deficits, and the importance of stable tax policies. His remarks suggest a dual approach of decoupling in areas of national security while simultaneously fostering significant economic interactions between American businesses and China. Moving forward, legislative decisions regarding tax policy permanence and trade deals will be pivotal in shaping these relations.

Original Source: www.montanarightnow.com

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