According to the interview, if Trump wins, he will...
* Enforce huge bilateral sanctions even though he claims “I don’t love sanctions,” he says. He keeps circling back to William McKinley, who he says raised enough revenue through tariffs during his turn-of-the-20th-century presidency to avoid instituting a federal income tax yet never got the appropriate credit.
* Allow Jerome Powell to serve out his term as chair of the Federal Reserve, which runs through May 2026
* Will lower the corporate tax rate to as low as 15%
* No longer plans to ban TikTok.
* Considers Jamie Dimon to serve as secretary of the Department of the Treasury
* Ambivalent (if not outright hostile) to the idea of protecting Taiwan from Chinese aggression and to US efforts to punish Putin for invading Ukraine.
Sounds good to me.
It worked damn well last time.
I think some of those points are misdirection by Trump. He knows you don’t show your cards to the enemy.
To the foreign countries that own our Senate, Import Tariffs and Restrictions on Immigration are not desirable policies. .
I immediately noted that some of the US News & World article seemed in direct conflict with the Bloomberg Newsweek interview that came out last night. Specifically the Powell reappointment discussion.
Sounds good to me but this part of the article is laughable if it were not so slanted or just a lie: “the strong performance of the labor market, the better-than-expected economic growth and the massive investments in such areas as semiconductor manufacturing and electric vehicles.”
The last point is framed incorrectly. DJT is first and foremost a master negotiator and with the leverage of the strength of the US behind him can be effective and persuasive. Even Trump critic Zelensky understands this, as he’s signaled cooperation with a Trump presidency, as do most world leaders.
I get the feeling there won’t be much crackdown on Indian H1-B fraud.
"the strong performance of the labor market"
Half or more of all jobs created (or restored) are part time, and the lion's share of jobs have gone to the foreign-born, not Americans.
"the better-than-expected economic growth"
Bloated by counting deficit spending as GDP.
"the massive investments in such areas as semiconductor manufacturing and electric vehicles."
Most of which hasn't produced anything, like the billions earmarked for charging stations that resulted in only a handful of chargers being installed. How much money has just disappeared in graft in unclear.