Vice President JD Vance appears on Fox News this morning to discuss the trade tariffs and the ongoing MAGAnomic trade reset.
The reciprocal tariffs and global trade rebalance are two components of a much larger MAGAnomic policy. Tax structures to the benefit of the working-class, upward pressure on wages and expanded GDP growth are all elements of increasing the wealth of Main Street and middle-class Americans. WATCH:
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Eric Daugherty
@EricLDaugh
Winning! General Motors is now going to expand truck production in Indiana, increase overtime hours and hire more workers
Video linked…
GM to increase truck production in US after Trump tariff announcement
https://www.foxbusiness.com/economy/gm-increase-truck-production-us-after-trump-tariff-announcement
Billionaire investor warns world leaders to not keep Trump waiting if they want a tariff deal
https://www.foxbusiness.com/politics/billionaire-investor-warns-world-leaders-not-keep-trump-waiting-want-tariff-deal
J.D. seems much more active in President Trump’s second administration than Pence was in his first.
CEO reacts to tariff-induced stock plunge live during earnings call: ‘Oh, s—‘
Excerpt:
Friedman went on to say that while he thinks some of the tariffs will be lifted through negotiations with U.S. trading partners, they would be a good thing over the long term.
https://www.foxbusiness.com/markets/ceo-reacts-tariff-induced-stock-plunge-live-during-earnings-call-oh-s
“The EU chief executive said the bloc would ready countermeasures against Trump’s latest tariff broadside, in addition to a €26 billion package responding to tariffs he has already imposed on steel and aluminum. At the same time, she vowed, Brussels will work to protect the industries most exposed.
“We are already finalizing the first package of countermeasures in response to tariffs on steel, and we are now preparing for further countermeasures to protect our interests and our businesses if negotiations fail,” von der Leyen said from Samarkand, Uzbekistan, where she was attending a summit.
“We will also be watching closely what indirect effects these tariffs could have. Because we cannot absorb……”
Somewhere I read, or heard, that these Tariffs were going to cost ” the American Taxpayer “. Guess I’m a slow learner, but this comment indicates to me that affected exported countries are going to subsidize their businesses who have to reduce their prices on items shipped to America. Then, companies will rebuild in America to avoid tariff costs, employing tax paying Americans. Looks like a big American WIN to me, BWDIK.
” said Von der Leyen from Samarkand, Uzbekistan, where she is attending a summit (read, holiday junket)” This says everything you need to know about the faceless gloablists who think they run and own America.
Is THIS “the big ugly” that SD has referred to, in the past?
If it isn’t, the impact of the blow will be unimaginable!
My small time retail investment portfolio is taking significant PAPER losses.
I believe in and am committed to the policies of POTUS DJT.
I’m not going to cut and run.