Posted on 04/05/2025 11:22:19 AM PDT by E. Pluribus Unum
White House deputy chief of staff for policy Stephen Miller appears on Fox News to discuss the importance of the tariff policy and reestablishing American industry via the global trade reset.
Miller outlines the U.S market reaction to President Donald Trump’s tariffs and China’s 34% countervailing tariff response on U.S. products. As Miller notes, the tariff program is simply one part within the rebalancing of trade to protect American industry. WATCH (prompted):
(Excerpt) Read more at theconservativetreehouse.com ...
Very good post. I couldn’t have said it better.
Free Trade Ideologues are in for some tough sledding. They don’t have the political leverage to undo what has already been done.
The 10% baseline tariffs aren’t coming down anytime soon, no matter what other countries do.
The add on tariffs beyond the 10% is where there’s negotiable space.
We haven't had "free trade" for a long time.
"Free trade" agreements thousands of pages long are thousands of pages of exceptions to free trade.
Free for them trade.
To have a level playing field American producers need tariff percentages to compensate for:
1. the PPACA
2. defective lifestyles
3. overly expensive education (and property taxes)
4. excessive environmental regulations in the US
5. excessive environmental shortcuts in China, etc.
6. comparatively high prescription drug pricing
The PPACA isn’t going away. These was no PPACA in Adam Smith’s day.
American teachers are not going to be as productive (i.e. class size + results) as those in China. American teacher productivity has fallen in half in the past 60 years.
Note that all but one is to compensate for faults in the USA.
The need for a baseline US tariff is not something foreigners can avoid by their own reforms.
What matters to an American exporter is the tariff of the country.
What matters to the federal government is the trade deficit with the country.
When a nation runs trade deficits year after year, the government must resupply money to its residents so the Chinese, Japanese and Koreans and their central banks don’t wind up with nearly every dollar in existence.
The US resupplies this money by deficit spending such as public works, weapon system boondoggles and by handing out money and other freebies.
The national debt and the percentage of Americans getting federal handouts have grown too high.
The trade deficits have created enormous problems, social, political and economic.
Trump is trying to reduce trade deficits by nation so people have jobs instead of an incentive to vote for candidates promising more freebies.
“1800’s America came close and proved the value of the Free Market Economy”
The shipping container system changed trading economics.
Gov’t spending at around 5% of the GDP during the century of the 1800’s - i.e INDIVIDUAL FREEDOM - is what made America great - America’s Free Constitutional Republic.
An economy free from gov’t interference and coercion is a booming economy which allows for research, development, and innovation like shipping containers.
You live in dreamland not the real world.
Government will never be around 5% of GDP. I wish it was much smaller but that is very unrealistic.
Again look at standard of living for the vast majority of our population, it has been going down for generations.
You have trouble distinguishing between theory and fact and distinguishing between faith and fear.
Looks like you’ve gone over to the other side. If there had been enough of you in 1776, we never would have won the miraculous Revolutionary War.
have a good day.
Going over to the other side? The other side loves strawman arguments just like you. You sure your not on the other side?
I want smaller more accountable government that hardly makes me a leftists.
Maybe not but every lower % of GDP points to a positive direction and outcome.
I want smaller more accountable government
So do I, but you seem conflicted, like you'll never get what you want - too "unrealistic". You you come across like another faithless nay-sayer who thinks the way things are can never and will never change not discerning the difference between circumstances which can change in an instant and truth which never changes.
Again, what would you be saying in 1776 when a group of reg-tag colonists were going against the greatest military power in the world? "Too unrealistic".
Recovery can never happen with your attitude.
ping
I’ll take tariffs over income tax any day of the week and twice on Sundays.
Your 5% GDP government was in the pre-industrial revolution era when America was an agricultural society. Not in a world of hostile nuclear superpowers.
Our ocean’s don’t protect us anymore.
Trump/Musk want to find 1 trillion in waste to cut and grow the economy, find other sources of revenue to make up the difference.
And for that they get 1000’s of death threats every day.
It was NEVER FREE TRADE!
It was “SCREW THE USA TRADE!”
Our Federal Government has INSANE TAX AND REGULATION policies that make the US non-competitive IN EVERY WAY!
IMHO, IT IS BY DESIGN!
“FREE TRADE” implies “tariffs and taxes” that are “harmonized” between trading partners!
President Trump is “harmonizing” out trade policies with our trading partners.
EASY_PEASY!
Yes I agree.
When I see the cities in SA, Dubai, etc. I think of all the oil we left in the ground due to our stupid policies.
Same for China where we sent much of our industrial base at the expense of our middle class.
Like you said it is by design.
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