On the recordSeptember 24, 2001
Motor Vehicles in Korea. Last year, we had about 570,000 vehicles shipped into the United States from Korea. Do you know how many vehicles we shipped to Korea? Seventeen hundred. Five hundred seventy thousand vehicles this way, 1,700 that way. Why? Because of the tariff and taxes, it raises substantially the price of American cars sold in Korea. It is not just price. There are other difficulties too in selling foreign vehicles in Korea. Standards and perceptions also play roles. The result is, we are not shipping cars to Korea. They are flooding our markets with theirs. Canada and Stuffed Molasses. Go to Canada and watch them load up Brazilian sugar on top of liquid molasses so they can ship it down here in the form of stuffed molasses. Then they take the sugar out and send the molasses back. Why? To violate U.S. trade laws. Japan and Steak. Go to Tokyo and have a T-bone steak and understand, if it came from the United States, it had a 38.5-percent tariff on it, 12 years after the last beef agreement. People think this is all humorous and interesting. The fact is, it all represents the failure of this country to stand up for its producers.
Source
govinfo.gov




