President Donald Trump has damaged American national security by not fully helping us at borders to prevent illegal intersections, fentanil and other drug flow. If you are thinking, or if you believe that you will not help defeat the Mexico cartel, I think he is him. There is absolutely right.
It also includes 10 % raised in China. In China, it supplies Fentanyl drug components manufactured in Mexico and manufactured throughout the United States. China has also built a factory in Mexico, and then destroys the USMCA North American free trade agreement by discarding cheap cars in the United States without complaining of US and other domestic content and other rules.
It is very clear that President Trump, who will determine his heart and impose these tariffs tomorrow, is today’s announcement by Colloin Leavit, which is the president’s conclusion.
I don’t know if he has a specific indicator in the illegal borders, drugs, or sexual trafficking. It is not yet seen if he will be engaged in additional negotiations between Canada and Mexico.
But he has set the law. Credit is a legitimate tool that engages in the national security policy as well as economic policies.
Probably, if Mexico and Canada meet Mr. Trump’s requirements, customs duties may be canceled. But we don’t know it. And probably, tonight or tomorrow, we are waiting for a kind of statement from the president.
“KUDLOW” panelist, CLAUDIA Tenney, RN.Y. Senator RN.D. Senator Kevin Cramer analyzes President Donald Trump’s foreign economic policy.
By the way, the connection between Mexico and China is a major problem. Mexico imports from China have increased by 50 % in the past five years. In addition, China’s investment in Mexico has increased the same 50 %. In order to place explicit restrictions in Chinese content, you need to change the USMCA rules.
Currently, the United States operates a trading deficit of $ 170 billion with Mexico and is maintained in many product groups.
Canada is another story. The United States operates a 60-70 billion dollar trade deficit with them, but if the energy is deleted, there are surpluss, including Canada and cars and products. 60 % of US oil imports come from Canada.
However, Canadian oil companies offer 20 % discounts because heavy crude oil needs to be purified into gasoline and diesel fuel. As some petroleum experts point out, 25 % of tariffs will wipe out 20 % discount. And they fear that gasoline prices in the Midwest and northern state could rise by 40 to 75 cents. Therefore, the petroleum industry wants a 25 % tariff sculpture.
Dow Jones has fallen by 330 points in the tariff news announced by Mrs. Lebit. Wall Street keeps believing that customs duties are inflation.
As I suggested, that’s not the case.
“Kudro” panelist Taylor Riggs, Steve Forbes, and John Kerny have organized President Donald Trump’s economic policy.
Certainly, there may be some minor one -time product prices. However, exporters to the United States will bear the increase in tariffs by 50 % or more by reducing prices to sell to American consumers and companies. It was the experience of Trump’s first term with China.
The only way for inflation to take a sustainable way is when the federal preparation system remains large open.
In a true social post on Wednesday, he criticized the Fed that he did not stop the large -scale biden expansion that ruined the reasonable price of blue -colored in the past four years. 。
However, Mr. Trump’s tax rate, deregulation, solution of energy production, significant reduction in federal spending, and DC bureaucracy economic program itself is a very anti -expansion and agreement. That’s why inflation is not a problem.
And yesterday, Mr. Trump posted a true social that would not allow powerful US dollars in international trade. He threatened 100 % tariffs on the so -called BRICS countries in Brazil, Russia, India, China and South Africa. King Dollar is also a counter -interpration.
Instead, Trump’s tariff diplomacy is to protect American national security and its economic security.
And he claims that the United States will come first.