Breitbart Business Digest: Trump’s Tariff Policy Is About Bricks Not Bonds

President Donald Trump’s tariff policy has been making headlines recently, with many questioning its impact on the economy. However, the truth behind this policy goes beyond just raising import duties. In fact, it is a part of the new “deal economy” that focuses on commitments rather than just rates.

The traditional approach to trade has always been about finding the best rates and lowering costs. While this may have worked in the past, it is no longer enough in today’s global economy. President Trump’s tariff policy is a testament to this fact and marks a shift towards a more comprehensive and strategic approach to trade.

The tariff policy is not just about imposing higher duties on imported goods, but it is also about creating a level playing field for American businesses. For too long, foreign countries have been taking advantage of the US’s lax trade policies, resulting in a huge trade deficit. President Trump’s policy aims to address this issue and create a fair and balanced trade system.

Moreover, the tariff policy is not limited to just one sector or country. It covers a wide range of industries and countries, making it a comprehensive and all-encompassing strategy. This is a stark contrast to previous policies that focused on specific sectors or countries. By including all industries and countries, the tariff policy ensures that no one is left behind and that all American businesses have an equal opportunity to thrive.

But what sets this policy apart from others is its focus on commitments rather than just rates. President Trump believes that trade deals should not just be about numbers, but should also include commitments from both parties. This means that countries importing goods to the US will have to make certain promises and commitments to ensure fair trade practices. This will not only benefit the US economy but also create a more stable and sustainable global trade system.

President Trump’s tariff policy is also about bricks, not bonds. In other words, it is about building a strong foundation for the US economy rather than relying on foreign countries for support. By imposing tariffs, the US will be able to protect its domestic industries and create more job opportunities for its citizens. This will lead to a stronger and more self-sufficient economy, reducing the country’s dependence on imports.

The policy has already shown positive results, with many American companies bringing their production back to the US. This has not only boosted the economy but has also created new jobs for American workers. It has also encouraged foreign companies to invest in the US, further strengthening the economy.

The tariff policy has also received praise from American industries, with many stating that it will help them compete on a global level. The steel and aluminum industries, in particular, have seen a significant increase in production and employment opportunities. This is a clear indication that the policy is working and is beneficial for American businesses.

In conclusion, President Trump’s tariff policy is not just about raising import duties, but it is a well-thought-out strategy to create a fair and balanced trade system. By focusing on commitments rather than just rates, the policy ensures that all parties are held accountable and that the US economy is protected. This is a step towards a stronger and more self-sufficient economy, and the results are already visible. It is time to embrace this new “deal economy” and reap its benefits for the US and the global trade system.