Posted on 02/28/2023 8:08:43 AM PST by SoConPubbie
In a campaign video released Monday, Trump first blasted President Joe Biden, stating that despite his claims to be pro-American manufacturing, he is “pushing the same pro-China globalist agenda that ripped the industrial heart out of our country.”
Watch:
#Agenda47: @realDonaldTrump takes a SLEDGEHAMMER to Globalism with America First trade platform for 2nd term.
➡️ Universal Tariffs
➡️ Total Independence From China
➡️ Patriotic Protectionism
➡️ Reviving Mercantilism for the 21st Century pic.twitter.com/nqgFnw1ToI— Trump War Room (@TrumpWarRoom) February 27, 2023
Trump shared his vision “to move from the Biden system that punishes domestic producers and rewards outsourcers to a system that rewards domestic production and taxes foreign companies and those who export American jobs.”
“To achieve this goal, we will phase in a system of universal base-line tariffs on most foreign products. On top of this, higher tariffs will increase incrementally depending on how much individual foreign countries devalue their currency,” Trump said.
He added taxes on American producers will reduce as the new tariff system is employed, enabling domestic employers to hire more workers:
As tariffs on foreign producers go up, taxes on American producers will go down and go down very substantially, and that means a lot of jobs coming in. Not only will this system end our gaping trade deficits – and they are massive right now – and bring back millions of American jobs, it will also bring trillions and trillions of dollars pouring into the United States Treasury from foreign countries and allow us to invest that money in American workers, American families, and American communities.
This plan will be the linchpin of a new strategic manufacturing initiative that builds on my historical success in ending NAFTA [North Atlantic Free Trade Agreement].
(Excerpt) Read more at breitbart.com ...
We will revoke China’s most-favored-nation trade status and adopt a four year plan to phase out all Chinese imports of essential goods, everything from electronics to steel to pharmaceuticals. This will include strong protections to ensure China cannot circumvent restrictions by passing goods through conduit countries – countries that don’t make a product, but all of the sudden they’re selling a lot of product. It comes right through China, right out China, and right into our country.
This was exactly the kind of thinking that made China launch COVID.
Main reason I keep voting for Trump.
it wasn't a criticism. It was to wake people up. I'm all for it.
I love it!
It’s not just the Chinese: its Japan, SK, Europe. What we need is a trade deficit reduction system: tariffs based on their trade surplus that keep increasing until parity is reached. This would include countries like Saudi running huge surpluses due to US oil and energy imports.
Not a bad start, but if it doesn’t address our compromised monetary system, then we’re still going to have a lot of problems.
“Main reason I keep voting for Trump.”
When Trump wins his third term, that first 6 months in office will be unlike anything we have ever seen.
Evil has taken a foothold...that foot needs to be amputated.
We need complete decoupling from China. They are not an adversary. They are not a competitor. They are not a rival. They are an ENEMY. China is the #1 enemy of the United States and we need to treat them as such.
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