One thing we learned about President Donald Trump’s pricing diplomacy is that he was not bluffing.
He offered the president of Mexico Sheinbaum a 30 -day break in the 25%rate.
It is because at the last moment she came with a proposal to put 10,000 soldiers on the border To stop illegal immigration and slow down the fentanyl flow and other fatal drugs.
Trudeau in Canada, Canada did the same thing – so another 30 -day break.
Shows you what strong, decisive and energetic leadership can do.
These are great Trump victories.
But rest assured that Mr. Trump was ready to press the trigger. And I agree with its use of prices to protect national and economic security.
Now here’s a related thought.
John Carney’s “Kudlow” panelists, David Malpass and Joe Lavorgna, decompose the economic policies of President Donald Trump.
Trumps The aggressive use of prices should pass the republican congress tax reductions to pass the tax reductions.
The extension of tax reductions of 2017 and some of the new TRUMP 2.0 tax reductions such as companies tax by 15%, free advice for services, overtime and the elderly.
Remember that one of the good arguments made by the president was that the prices would generate income and that revenues could finance tax reductions.
The base of reference to 10% of the universal prices that I prefers strongly would of course allow Mr. Trump to ask for reciprocity in bilateral negotiations.
But it could also provide something like $ 500 billion, give or take finance tax discounts.
Indeed, concerning the rest of the world, you tax us, then we will reject you.
But our tax socket will be returned immediately to our companies and families of workers in blue collar.
And then in the spirit of reciprocity, if you stop taxing us, we will stop taxing you.
But who can say if the price between Trump and Sheinbaum and Trudeau will continue more than a month.
Mexico is a difficult case because it has essentially become a state of Narco.
Exporting raw materials of China for fentanyl And other drugs, and the cartels have them all together in these hideous drug factories. And then the cartels bring them to the United States by killing hundreds and thousands of Americans.
This is the worst thing I have ever seen.
Mr. Trump is willing to priced Mexico until the end of their time until they stop leaving it.
So again, my message to the Republican members of the Chamber and the Senate: please increase these tax reductions in A great nice bill To be finished this spring, and help launch the Golden Trump era, Blue Collar Boom.
