Economy

AMERICA FIRST: The President Labels Himself ‘TARIFF MAN,’ Warns Those Seeking to ‘Raid our Nation’

posted by Hannity Staff - 12.04.18

President Trump doubled-down on his widespread use of trade tariffs to improve the US economy and the American manufacturing base Tuesday, saying he is a “tariff man” after reaching a 90-day “truce” with China.

“I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. It will always be the best way to max out our economic power. We are right now taking in $billions in Tariffs. MAKE AMERICA RICH AGAIN,” tweeted the Commander-in-Chief.

“But if a fair deal is able to be made with China, one that does all of the many things we know must be finally done, I will happily sign. Let the negotiations begin. MAKE AMERICA GREAT AGAIN!” he added.

IT’S A DEAL: US, China Agree to 90-Day Trade Truce, Stocks SURGE 400+

posted by Hannity Staff - 12.03.18

The United States and China reached a tentative trade truce over the weekend; pausing hefty tariffs for 90 days as both sides struggle to reach a permanent international trade agreement between their giant economies.

According to CNBC, Chinese President Xi Jinping and President Trump struck the trade deal during bilateral discussions at the G-20 economic summit in Argentina.

“In a White House readout of a dinner at the G-20 summit in Argentina, Xi and Trump discussed a range of nettlesome issues — among them the trade dispute that has left over $200 billion worth of goods hanging in the balance,” writes CNBC.

“President Trump has agreed that on January 1, 2019, he will leave the tariffs on $200 billion worth of product at the 10 percent rate, and not raise it to 25 percent at this time,” the statement confirmed.

“Both parties agree that they will endeavor to have this transaction completed within the next 90 days. If at the end of this period of time, the parties are unable to reach an agreement, the 10 percent tariffs will be raised to 25 percent,” the statement added.

Read the full statement here.

AMERICA FIRST: The President Says Country’s with Unfair Trade Deals Will be ‘TARIFFED’

posted by Hannity Staff - 9.17.18

President Trump doubled-down on his administration’s aggressive international trade policies Monday; saying nations with unfair trade deals will be “tariffed” in the coming weeks.

The Commander-in-Chief praised the international tax on social media just days after threatening China with a new round of tariffs, adding “Tariffs have put the U.S. in a very strong bargaining position, with Billions of Dollars, and Jobs, flowing into our Country – and yet cost increases have thus far been almost unnoticeable. If countries will not make fair deals with us, they will be ‘Tariffed!’”

The President’s comments come after he threatened China and other countries with upwards of $250 billion tariffs on foreign-produced goods, including aluminum, steel, and other raw materials.

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