Trump Signs Executive Order To Protect American Businesses From High Tariffs

, , 79 Comments

President Donald Trump is doing everything he can to help victims of the Coronavirus outbreak.

That’s why President Trump has just issued an executive order on Sunday night giving his Treasury Secretary the power to postpone required tariff payments for companies suffering because of Coronavirus.

By doing this, President Donald Trump is ensuring that companies will not be hit too hard by the restrictions he put in place months ago to bring China to the negotiating table regarding tariffs.

According to the Washington Times, the president’s order allows Treasury to defer tariff payments “for importers suffering significant financial hardship because of COVID-19.”

But Don’t Worry, They Will Pay Eventually

Although this order allows payments to be deferred, it is only a temporary deferment. Eventually, the money must be payed back.

It’s not clear what tariffs could be affected. But some U.S. companies are paying tariffs as high as 25% while dealing with lost sales and lower demand due to the widespread coronavirus shutdown.

Treasury Secretary Steve Mnunchin is very happy with Trump’s decision and believes it will boost the economy:

“By postponing the deadline to deposit certain duties, taxes, and fees for 90 days, we are providing much-needed relief to affected businesses. This will protect American jobs and help these businesses get through this time.”

You Might Like

Mnunchin continued by saying that Donald Trump’s executive action “addresses many of the growing concerns raised by importers and manufacturers, and it reduces the financial burden of these stakeholders.”

Do YOU think that Donald Trump is right to help businesses affected by Coronavirus? Comment below!

Like our news coverage? Then subscribe to our daily email newsletter below:


 

79 Responses

  1. Barbara McGregor

    April 20, 2020 10:22 am

    Why don’t Americans listen to Dr.Shiva or Dr. Buttar DO and open up our Country . You worry about the virus. instead of building up the country, plus our bodies. Some vit. like Vit D ,C , would all help us even our attitudes.

    Reply
  2. Marlopi

    April 20, 2020 11:48 am

    Of course the DCM is silent! It is a pro-America move!

    The MSM have shown themselves by their actions and lies to clearly be the DCM – the Democrat Communist Media. Time to stop giving them the title of Main Stream Media. Not a true journalist in the bunch. They have all forgotten about the truth. No credible sources in over 3 years and probably way before that.

    Reply
  3. Tess

    April 20, 2020 11:31 pm

    THE ECONOMY CAN BE HELPED,,,BUT ONLY FOR A LIMITED TIME. HEY MOVING ON TESTING AND GET PEOPLE BACK TO WORK..WHY CAN’T THE LARGE CORP. PAY FOR EMPLOYEES TESTING AND BE GIVEN SOME TYPE OF TAX BREAK AT THE END OF THE YEAR??

    Reply
  4. www.zhipu360.com

    October 18, 2020 5:42 pm

    It’s really a great and useful piece of information. I am satisfied
    that you simply shared this useful information with us.

    Please stay us informed like this. Thank you for sharing.

    Reply
  5. https://www.yepp-eu.org

    October 20, 2020 9:41 am

    We’re a gaggle of volunteers and opening a new scheme in our community.
    Your website provided us with valuable info to work on. You’ve done
    an impressive activity and our whole neighborhood will likely be grateful to you.

    Reply
  6. webpage

    November 1, 2020 5:54 pm

    Nice post. I learn something new and challenging oon blogs
    I stumbleupon everyday. It will always be exciting to
    read content from other writers and practice something from
    other websites.
    webpage

    Reply
  7. issuu.com

    November 3, 2020 12:59 pm

    Wow, wonderful blog layout! How long have you been blogging for?
    you made blogging look easy. The overall look of your website is fantastic, let alone
    the content!

    Reply
  8. chia se thong tin gai goi mien phi

    November 5, 2020 7:45 pm

    Yesterday, while I wɑs at work, my sister stole my iPad and tested tο see if it can survive ɑ tһirty foot drop, ϳust so she can be a
    youtube sensation. Mʏ apple ipad іs now destroyed and ѕһe haѕ 83 views.
    I кnow this is totally оff topic bᥙt І had to share it
    ԝith someone!

    Reply
  9. web page

    November 5, 2020 10:24 pm

    Pretty nice post. I just stumbled upon youhr weblog andd wished to
    say that I have truly enjoyed surfing around your bpog posts.

    In any case I’ll be subscribing to your feed and I hope you write again soon!
    web page

    Reply
  10. w88

    November 13, 2020 4:39 pm

    That is a very good tip especially to those new to the blogosphere.
    Simple but very precise info… Thank you for sharing this one.
    A must read article!

    Reply
  11. สล็อตออนไลน์

    November 16, 2020 9:51 am

    สล็อต ปริศนาที่มักจะพบได้ทั่วไปอย่างยิ่งก็อาจจะไม่พ้น โอเล่98มีแจกโบนัส เครดิตฟรี ใช่หรือไม่ ?
    ทางพวกเรานั้นขอบอกเลยว่าได้จริงๆเพราะ
    OLE98 หรือ โอเล่98 เป็นเว็บ สล็อต แตกง่าย 2020 ที่มีนักพนันมากมายเข้ามาใช้งานมากกว่า 20,000 คน และก็ทางเว็บไซต์ก็มีโปรโมชั่นมากมายที่เอาใจนักเสี่ยงโชคทุกคนที่เข้ามาเป็นสมาชิก

    Reply
  12. instagram takipçi satın al

    November 18, 2020 12:39 am

    May I just say what a relief to discover someone that actually
    knows what they’re discussing on the web. You definitely understand how to bring a problem to light and
    make it important. A lot more people should check this out and understand this side of the story.
    It’s surprising you aren’t more popular because you surely possess the gift.

    Reply
  13. agen poker online

    November 25, 2020 1:22 pm

    I have been surfing online more than 4 hours today, yet I never found any interesting article like yours.
    It’s pretty worth enough for me. Personally, if all web owners
    and bloggers made good content as you did, the web will be much more useful than ever before.

    Reply
  14. web site

    December 1, 2020 7:50 pm

    Hey I knmow this is ooff topic but I waas wondering if you knew of any
    widgets I could add to myy blog that automatically tweet my newest witter updates.
    I’ve been looking for a plug-in like this for
    quite some tme and was hoping mzybe you would have some
    experience with sometthing like this. Please let me know if you run into anything.

    I truly enjoy reaing your blog and I look forward to your new updates.

    web site

    Reply
  15. 온라인카지노

    December 10, 2020 8:44 am

    Everything published was very logical. However, what about this?

    what if you wrote a catchier post title? I ain’t saying your content isn’t solid, however
    what if you added a post title that grabbed people’s attention? I mean Trump
    Signs Executive Order To Protect American Businesses From High Tariffs – Liberty News Alerts
    is kinda plain. You might look at Yahoo’s front page and watch
    how they create article headlines to get viewers to open the links.
    You might try adding a video or a picture or two to grab people excited about what you’ve written. In my opinion, it might bring your posts a little bit more interesting.

    Look into my web page; 온라인카지노

    Reply
  16. 먹튀사이트

    December 10, 2020 12:46 pm

    Have you ever thought about publishing an ebook or guest authoring on other websites?
    I have a blog based upon on the same information you discuss and would really like to have you share some stories/information. I
    know my audience would appreciate your work. If you’re even remotely interested, feel free to shoot me
    an e-mail.

    Here is my homepage; 먹튀사이트

    Reply
  17. Abe Forberg

    December 10, 2020 10:11 pm

    I am often to blogging i actually appreciate your site content. The content has truly peaks my interest. I’m going to bookmark your web blog and maintain checking for brand spanking new info.

    Reply
  18. 샌즈카지노

    December 16, 2020 12:07 pm

    Please let me know if you’re looking for a author for your blog.
    You have some really great posts and I believe I would be a good asset.
    If you ever want to take some of the load off, I’d love to write some articles for your blog in exchange for a link back to mine.
    Please send me an e-mail if interested. Kudos!

    My blog; 샌즈카지노

    Reply
  19. Sima

    December 16, 2020 6:23 pm

    It’s very effortless too find out any topic
    on web as compared tto textbooks, as I found this paragraph
    at this web site.

    Feel free to visit my homepage :: gloucester takeaway food (Sima)

    Reply
  20. 샌즈카지노

    December 17, 2020 12:30 pm

    Hi! Do you know if they make any plugins to help with Search Engine
    Optimization? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good success.

    If you know of any please share. Cheers!

    Also visit my webpage – 샌즈카지노

    Reply
  21. Kristine

    December 17, 2020 8:24 pm

    Hi there, I believe your website mightt bbe having browser compatibility problems.
    When I look at your web site in Safari, it looks fine however, if opening in Internet Explorer, it has some overlapping issues.
    I simply wanted to provide youu wiith a quick heeads up!

    Besidds that, excellent site!

    Also visit my web-site :: takeaway delivery
    gloucester (Kristine)

    Reply
  22. Franchesca

    December 18, 2020 2:11 am

    Hi my loved one! I wish to say that this post is awesome,
    nice written and include approximately all significant infos.
    I’d like to peer extra posts like this .

    Here is my webpage :: chineswe takeaway gloucester (Franchesca)

    Reply
  23. projekt gabinetu dentystycznego

    December 21, 2020 11:20 pm

    Have you ever thought about publishing an ebook or
    guest authoring on other websites? I have a blog
    centered on the same information you discuss and would really like to have you share some
    stories/information. I know my viewers would value your
    work. If you’re even remotely interested, feel free to send me
    an e-mail.

    Reply
  24. 메이저놀이터

    December 22, 2020 6:10 am

    Having read this I believed it was really enlightening.
    I appreciate you spending some time and energy to put this content together.
    I once again find myself personally spending a lot of time both reading and commenting.
    But so what, it was still worth it!

    Also visit my homepage :: 메이저놀이터

    Reply
  25. 사설토토사이트

    December 22, 2020 6:24 am

    Great blog! Do you have any tips for aspiring writers?
    I’m planning to start my own website soon but I’m a little lost on everything.
    Would you recommend starting with a free platform like WordPress or go for a paid option? There are so many
    options out there that I’m completely overwhelmed .. Any tips?
    Bless you!

    Take a look at my blog – 사설토토사이트

    Reply
  26. 먹튀검증

    December 22, 2020 6:41 am

    I do accept as true with all of the concepts
    you have introduced in your post. They’re really convincing and can definitely work.

    Nonetheless, the posts are very brief for starters. May just you please prolong
    them a little from next time? Thank you for the post.

    my blog post – 먹튀검증

    Reply
  27. 토토검증

    December 22, 2020 4:50 pm

    Very nice post. I simply stumbled upon your blog and wished to mention that I’ve truly enjoyed
    surfing around your weblog posts. After all I’ll be subscribing for your feed and I am
    hoping you write once more very soon!

    Here is my website … 토토검증

    Reply
  28. Cheryle Bosh

    December 26, 2020 2:44 pm

    Its pretty interesting that the mainstream media has changed the way it looks at this recently dont you think? Now it seems that it is discussed thoroughly and more in depth. Overall though Im looking for a change.

    Reply
  29. Myra Hinchcliff

    December 26, 2020 5:43 pm

    I enjoy you because of all of your labor on this blog. My niece loves going through investigations and it is easy to understand why. We know all relating to the dynamic form you offer sensible things through the blog and in addition inspire participation from others on this concept plus our favorite child is actually becoming educated so much. Take pleasure in the rest of the new year. You’re the one performing a useful job.

    Reply
  30. Jamie Makino

    December 27, 2020 4:39 pm

    Oh my goodness! an excellent write-up dude. Appreciate it Nonetheless We are experiencing trouble with ur rss . Do not know why Struggle to register for it. Could there be any person obtaining identical rss problem? Anyone who knows kindly respond. Thnkx

    Reply
  31. Bradly Kirsten

    December 29, 2020 2:22 am

    I simply desired to say thanks once again. I’m not certain the things that I would’ve undertaken in the absence of the solutions shared by you concerning such problem. It has been a very distressing setting in my view, but understanding a new well-written tactic you treated it forced me to jump over happiness. I’m just happy for this support and in addition believe you realize what an amazing job your are undertaking training men and women through your web blog. I am sure you haven’t encountered any of us.

    Reply
  32. Weldon Colyott

    December 29, 2020 10:36 am

    Your ability to write about this kind of info is just the thing we all desire. Simply by discussing your knowledge you support people thru discussing your own personal observations. And I’ll let you know right now your writing served me personally.

    Reply
  33. Raguel Rivett

    December 30, 2020 1:09 pm

    Prior to you decide to create your own checklist to include an idea associated with what camping checklist ought to. Really … A listing can be greater than what you need.

    Reply
  34. Wm Enyart

    December 31, 2020 9:38 am

    It is a remarkably amazing powerful resource that you’re offering and you simply provide it away cost-free!! I that can compare with discovering websites of which comprehend the particular worth of giving you a wonderful learning resource for zero cost. We truly dearly loved examining this site. Regards!

    Reply
  35. Pam Stdenis

    January 1, 2021 1:33 pm

    Hello! I just wish to give you a huge thumbs up for your wonderful info you have here with this post. I will be coming back to your blog to get more detailed soon.

    Reply
  36. Major Abeles

    January 3, 2021 3:12 pm

    Substantially, the post is really the sweetest on this precious topic. I fit in with your conclusions and will eagerly look forward to your coming updates. Simply saying thanks definitely will not simply just be sufficient, for the amazing lucidity in your writing. I will at once grab your rss feed to stay abreast of any kind of updates. Genuine work and also much success in your business efforts!

    Reply
  37. mydlink camera

    January 14, 2021 7:26 pm

    Hello, Neat post. There’s a problem along with your website in web
    explorer, might test this? IE still is the market leader and a big element of people will
    omit your great writing due to this problem.

    Reply
  38. w88

    January 16, 2021 9:15 am

    What’s up to every one, the contents present at this website are in fact amazing for people knowledge, well, keep up the nice work fellows.

    Reply

Leave a Reply