Deep in the Republican Party’s 2012 platform is a reference to China’s allegedly unfair trade practices and a promise to “impose countervailing duties” on Chinese goods entering this country, if the Chinese do not shape up.
Maybe this is a secret plan for balancing the federal budget. Even a small federal tariff on Chinese goods entering this country could probably raise a lot of money — although this would be a tax that U.S. consumers would pay.
I don’t want to encourage anyone to take party platforms too seriously, but this item hasn’t gotten much attention that I’m aware of.
I’m indebted to an old crony, Nick Hayes, for pointing it out here.