Trump says tariffs are incentivizing US investment, hurting China
- President Donald Trump, a Republican, spoke on the 100th day of his term in Washington D.C. About tariffs and investment on Wednesday afternoon.
- He attributed a recent GDP contraction and economic setbacks to his Democratic predecessor, Joe Biden, while claiming tariffs motivate companies to invest in the U.S.
- Trump highlighted nearly $8 trillion in new corporate investment commitments from firms like Nvidia and Apple, insisting these were driven by his tariffs despite warnings of fewer products.
- Critics such as Rep. Suzan DelBene and economist Heather Boushey argued Trump’s policies cause economic disruption and uncertainty, with the GDP drop signaling policy incoherence.
- The event suggests tariffs may redirect investment domestically but also risk slowing growth and increasing product costs amid political and market tensions.
86 Articles
86 Articles
Could Trump Tariffs Mean 40 Percent Tax Cut?
The Trump administration’s increased tariffs have given the government billions in extra revenue already, according to the Treasury Department. From April 1-28, the Treasury Department reported $16.5 billion in tariff collections, compared to $9.6 billion in March, an increase of 72%. So not only are the tariffs driving companies to open offices and factories in the U.S. and opening foreign markets to our products and services, but they are brin…
NEW: White House Launches Website To Track Flood Of Investments Into The U.S.
The White House has launched a new website in order to track the flood of new investments in the United States as the Trump Administration seeks to work out new trade deals with more than 70 trading partners. “Since President Donald J. Trump returned to office, his America First economic policies have sparked trillions of dollars in new investment in U.S. manufacturing, technology, and infrastructure,” the website’s front page reads under a head…
Deals, deals, deals vs China, China, China
How was your Liberation Month? It’s been almost 30 days since Donald Trump stood in the Rose Garden of the White House and announced a shocking set of massive tariffs on the world. The event caused huge convulsions in the economic universe: trillions were wiped off the stock market and, under huge pressure, Trump did agree to a 90-day pause on reciprocal tariffs. After that he exempted electrical goods, though his standard 10 percent remains, an…
Trump Tariffs Are Crushing China - Liberty Nation News
By Tim Donner When one country exports five times as many goods as its trading partner, it stands to reason that it will, at least theoretically, be hurt five times as much by a trade war. That is the logic behind President Donald Trump’s tariff regime, amounting to a full-court press on Chinese President Xi Jinping. And while […]
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