U.S. Steel and Aluminum tariffs are just one component of a larger economic issue. Bringing back U.S. production on those sectors is vital to the infrastructure of a manufacturing and production economy. Modern Wall Street is centered on multinational interests within economic globalism. Weaken the trade grip of the multinational corporations and their financial manipulation upon the U.S. economy, and Wall Street will drop… this is not difficult to predict. This is also necessary.
Last week President Trump spoke candidly with the White House assembly of U.S. Governors about the critical need to re-evaluate their position(s) on trade. President Trump’s remarks were direct, but also nuanced toward the audience. A few hours later the White House announced President Trump had promoted his economic guru, Peter Navarro to be Assistant to The President.
Mr. Navarro’s job is to counter the false narrative from the GOPe, U.S. Chamber of Commerce and Wall Street crowd. Cue the audio visual demonstration (two video segments):
Segment #2 below: