Reciprocal and Fair Trade with Other Countries
Since the age of 28 James Tarantin has been mastering the business of international trade. Many products that his company has been purchasing were and are made in the USA. Some products, which were legal and safe, were imported to the USA from different parts of the world. James Tarantin’s trading company serves thousands of clients and grosses millions of dollars each year in the United States and Maryland. This entrepreneurial practice allows James Tarantin to understand the industry of international trade; from tariffs to import papers and from CIF shipping to Customs’ regulations. James Tarantin believes in a free, fair, efficient, and respectfully competitive American marketplace. One with minimal government intervention, few regulations and low taxes, as well as fewer monopolies in each industry.
James Tarantin believes that TRADE and a Fair Tariffs exchange is a very important part of the American Economy. Exports played an indispensable role in America’s resurgence from the Great Recession. It’s true that the trade deficit occurs in part because America has a valuable dollar. However, …
- Some American industries and companies cannot export goods to other countries, while their global competitors find it is very easy to ship their products to the USA. This cannot continue nor is it FAIR.
- We need to reduce dependencies on bad Chinese goods and power up all production lines in the USA with the biggest tax credits in U.S. history
- Some policies have outlived their core purpose. For example, countries such as Japan and Germany, after losing to the USA in WW2, were given financial help in the form of lower tariffs for products exported to the United States. Unfortunately, there was no time-limit on this deal and many decades after these countries have recovered, and even grown rich, the low tariffs remain. How is it fair when so many middle-class Americans still struggle to get by? America cannot finance other countries in the expense of the American People. does it make sense?
- Develop fair, free and reciprocal trade-deals where customs duty and entry regulations are leveled. It’s not fair when an American company wants to sell its goods abroad, that they are taxed at a rate of 25%, but in many cases when companies from those same foreign countries, want to sell their goods in the U.S., they are taxed at a much lower rate.
- Eliminate taxes on thousands of products Made in the USA. Help American products to be easily exported to foreign countries along with the help of the Import/Export Bank. Germany has a great economy in part because exporting is a large part of their GDP, with a focus on small businesses.
- For the safety of our Children > Stop the entry of dangerous products. These include toxic mercury and those manufactured with child labor.
- Tough negotiations with foreign countries regarding Copyright infringements and data theft.
- Sign better trade deals with countries. This will rekindle demand for American businesses and generate more jobs.
- James Tarantin will fight with all his might to expose and eliminate unethical trade, labor and environmental practices by foreign companies impact opportunities for the American worker.
- U.S. companies are paying excessive customs’ port fees when they bring goods from different countries around the world. This reduces profitability for these import companies and blocks the further full expansion of global trade.
- American companies are often subject to unfair practices done by U.S. Customs. Customs may randomly decide that a certain container needs to go to a further inspection and charge the small importer a $1,000 fee, even though the product contains no dangerous elements whatsoever and no law was broken.