Many Americans are afraid that the tariff war started by President Trump will be a disaster but let’s look at the facts. The tariff war is temporary and the stock market will recover. Already 3 trillion +/- foreign dollars have been committed in less than one week by foreign corporations to move and build their operations here in the United States because of President Trump’s tariff war where he wants parity with each country that slaps tariffs on us. 70 countries already capitulated as of today April 9, 2025 and are coming to the negotiation table. The European Union of 27 nations has indicated they are ready to negotiate.
President Trump said the only way he will negotiate with the EU is if the European Union wipes out the American debt of 350 billion dollars by buying American oil and gas and not from Russia. If that happens and it looks very clear that it will then that would bring the total number of countries succumbing to President Trump’s tariff war to 97.
This will make us more competitive in the world , lower our international balance of trade payments, bring hundreds of thousands of jobs back home, increase American wages, increase the security of our national defense, make us less dependent on our friends and enemies and enable us to lower or as Trump hopes will eliminate the income tax like pre 1913 when revenue was generated by tariffs and not the American people.
The tariffs are a tax on the American people and the destruction of American manufacturing that exported our jobs overseas over past decades. Since 1994 under”NAFTA” the North American Free trade Agreement took place, America has lost 90,000 plants.
The government in Washington D.C was and is run by career politicians who never signed a pay check, never ran a company; don’t understand profit and loss and what going out of business means. Now we have a business man in the White house who wants to show a profit, not a loss and give relief to the American tax payer. The tariff wars are just one week in the making and we are already making great progress. The stock market will recover stronger than ever and hopefully President Trump will be able to minimize income taxes or perhaps eliminate them like in pre 1913 America.
America First.
What $3 trillion? Who says? Hyundai has a steel factory and a car or truck assembly plant.
The United States manufacturing plants were ruined by Volcker after the oil embargo- especially small manufacturing plants. High interest rates and high energy costs. Then Jack Welch, a real asshole at GE, moved manufacturing overseas and Wall Street cheered him on.
When Honda established a car plant, only 2 percent of America’s best workers in the world, could pass the equivalent of high school mathematics curriculum in Japan.
My friend has his son attend high school in China. As a junior his son took calculus. As a Senior he is studying differential equations and a second year course in statistics. His son is studying the flow of fluids- a course reserved for college engineering students. He told me that his son is studying a normal course.
Look at U S Steel. The Dallas Cowboys football team is worth more than U S Steel. America is consumed with sports- instead of Math. The “bro culture.”
Ed Manfredonia
The National News Desk reported that 4 Trillion is coming back so far. The National News Desk is a daily news TV broadcast company. Various sources have different estimates . I heard today at President Trump’s cabinet meeting that China has approximately 1,733 orders for ships and the United States has 5.
Incidentally, Trump paused the tariffs because the 30 year bond hit 5%. That is the reason.
Don’t forget that even with his father’s money, Trump was rejected from USC.
Ed Manfredonia
The United States has no shipbuilding capacity. How many years behind are the Ford Class aircraft carriers. What about the Littoral ships.
Apple promised $500 billion. $20 an hour assembling phones.
I look on the Internet and I see so much nonsense. Let us see what Trump will accomplish. Everyone seems to believe that Trump will cripple China-as the United States crippled Japan.
And please remember that he is afraid, physically, of Putin. That is why no powerful handshake. Trump knows Putin would throw him .