nearvideo President Trump says China missed a great Chance on the trade
China has seen began a steady decline of GDP since the trade war, slows down to a 27-year low in the growth in this quarter, feeding speculation that Beijing is eager to make a deal; Kevin cork reports from Berkeley Heights, New Jersey.
President Trump takes Bibles from the upcoming tariff increases on Chinese goods, according to publishers warned of a possible “Bible-tax.”
A 10-per-cent hike will kick in $ 300 billion worth of Chinese goods, in force, for some of the items on Sep. 1 and another set on Dec. 15, according to a statement from the United States Trade Representative Tuesday made.
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“Bibles and other religious literature are the objects which is not said to be removed from the tariff list, and with additional charges of 10 per cent,” USTR, Christianity Today.
Christian publishers report that more than 75 percent of the Bibles celebrated printed in China due to the special printing technique, and formatting, on Tuesday, the announcement from the office of the US Trade Ambassador Robert E. Lighthizer.
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“What do you think about the trade policy, the Bible never subject to this type of taxation,” Russell Moore, President of the Southern Baptist Convention ethics and religious liberty Commission (ERLC), said in a statement.
Ben Mandrell, President and CEO of LifeWay Christian resources, echote Moore claimed, adding that it is “began to trump great concern among the Christian publishing community,” because the trade dispute with China.
Mandrell said the exemption “has given us the hope that the administration has heard our concerns. Nevertheless, I am concerned that the word of God ever taken as a hostage, in an international trade dispute.”
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In June, HarperCollins Publishers, CEO and President Mark beautiful woods called it a “Bible-tax” on consumers, and religious organizations in a seven-day hearing at the U.S. International Trade Commission.