Former President and 2024 candidate Donald Trump and his campaign unveiled Trump’s America First trade policy that would “tax china to build up America,” Fox News reports.
“Very simply, the Biden agenda taxes America to build up China,” Trump said. “My agenda will tax China to build up America.”
From Fox News:
Trump said if re-elected, he will move the country to a new system that “rewards domestic production and taxes foreign companies and those who export American jobs.”
Trump said to achieve his goal, he would phase in a system of universal, baseline tariffs on most foreign products. Trump said higher tariffs will “increase incrementally depending on how much individual foreign countries devalue their currency.”
Trump also said countries devalue their currency and “subsidize their industries, or otherwise engage in trade cheating and abuse, and they do it now like never before.”
“We had largely stopped and it was going to be stopped completely within less than a year,” Trump said, reflecting on his administration.
“As tariffs on foreign producers go up, taxes on American producers will go down, and go down very substantially, that means a lot of jobs coming in,” Trump said.
Just like he got Mexico to pay for his wall.
He did give free water bottles to a couple of Ohioans.
Gun bunny. Lets see what he thinks now.
Trump in 2024 !
That will just be levying additional taxes on us.