Trump unveiled a plan during a speech in Columbus, Georgia, to tariff and tax products from other nations at the same rate American goods are charged.
Former President Donald
To save our economy from Joe Biden’s inflation catastrophe and economic disaster, I will deliver tax cuts, energy price cuts, and interest rates cuts – the likes of which you have never seen before, except in the Trump administration, actually. We will pass the Trump Reciprocal Trade Act, which means if a foreign country charges tariffs or taxes on our products, we will charge their products at the exact same rate. It’s called “an eye for an eye.
“Now what will happen – a lot of them will just drop it, and if they don’t, that’s okay, too, because we’ll charge them the same thing. We’ll take in billions and billions and hundreds of billions of dollars,” he said.to a U.S. manufacturing boom. On Saturday, he pledged “to gain total independence from China.”make a difference like you wouldn’t believe, and it’ll also bring back a lot of money into our country and a lot of jobs back into our country.
If you look at Germany with their cars, they don’t take our cars; we take their cars. And I did a lot of changes, but we have to do something. … I asked Angela Merkel, “Angela, how many Chevrolets do you have in the middle of Berlin?” [She said,] “Why, believe nothing.” I said, “You’re right. You have nothing.” How many Mercedes Benz and BMWs do we have? It’s like you can’t even see without seeing them all over our highways. They’re very good cars.
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