Once the tariffs go into effect on Apr 2nd, the USA trade policy will be changed for a very long time, if not forever. It's an inflection point. This is a very big deal, and I don't think most people understand the inflection point we are about to make. Some of the big money understands, hence the trillions pouring into the country.
We are switching from using trade policy to push foreign policy to using trade policy to push economic policy.
China adopted our type of trade policy with its belt and road to drive countries into their sphere of influence.
We were losing with that trade policy because we couldn't match slave labor, automation in manufacturing, and government controlling the private sector.
Even though with open borders driving down wages and more and more government control of the private sector with regulations, we tried.
Trump is totally abandoning that policy and that losing war.
He is starting a whole new battle using our middle class to fight it. Increasing our middle class with protection tariffs, securing our border to increase our middle-class wages. Using those wages and the increased purchasing power to make the USA the place to be to soak up supply.
The revenues from tariffs will allow taxes to be reduced, creating more demand.
China can not match that demand because their middle class doesn't have the means, and their government will never allow their middle class to amass the means. It's totally opposed to marxism to have a rich, vibrant middle class.
As we know, governments, in general, once they latch onto a new revenue stream fighting to end, it is a multigenerational battle(see income tax)
April 2nd is going to be game-changing.
We are switching from using trade policy to push foreign policy to using trade policy to push economic policy.
China adopted our type of trade policy with its belt and road to drive countries into their sphere of influence.
We were losing with that trade policy because we couldn't match slave labor, automation in manufacturing, and government controlling the private sector.
Even though with open borders driving down wages and more and more government control of the private sector with regulations, we tried.
Trump is totally abandoning that policy and that losing war.
He is starting a whole new battle using our middle class to fight it. Increasing our middle class with protection tariffs, securing our border to increase our middle-class wages. Using those wages and the increased purchasing power to make the USA the place to be to soak up supply.
The revenues from tariffs will allow taxes to be reduced, creating more demand.
China can not match that demand because their middle class doesn't have the means, and their government will never allow their middle class to amass the means. It's totally opposed to marxism to have a rich, vibrant middle class.
As we know, governments, in general, once they latch onto a new revenue stream fighting to end, it is a multigenerational battle(see income tax)
April 2nd is going to be game-changing.
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