As the deadline for reaching a deal to raise to debt limit nears, Sen. Josh Hawley (R–Mo.) says any agreement should include a massive tax hike on Americans.
Earlier this month, Hawley introduced a bill to impose an additional 25 percent tariff on all imports from China—above and beyond existing tariffs on many of those same products. Hawley's bill, the Raising Tariffs on Imports From China Act, would allow a future president to remove that 25 percent import tax on goods from China only after the United States records a bilateral trade surplus with China for a full year.
