Fox Business Larry Kudlow host unpacked the White House manufacturing thrust on “Kudlow”.
Never mind President Donald Trump Finally decides on this commercial policy, a key fact is that its tax reduction and its deregulation policies go hand in hand with pricing diplomacy.
We know that the world trading system has been broken for decades. And we know that the United States has been a victim of unfair negotiation practicesBasically, obtain the short end of the stick.
It’s time to retaliate.
We know that President Trump is trying to promote the overhaul and stop relocating. We also know that he wants Build the American manufacturing systemwho himself was probably the greatest victim of global unfair negotiation practices intended in the United States
So think about this: an investor or a CEO considering building an American factory Trump tax policiesGet the possibility of immediately rating 100% of the cost of the factory. Not only would that be retroactive, until January 20, 2025.
Or, perhaps, the Foreign Automobile Company Already domiciled in the United States could wish to upgrade its factory with the purchase of new machines and equipment. Well, they can also obtain a 100% bonus depreciation to harm the investment in year 1, also retroactive.
Enough Spiffy, don’t you think? Advantage, we
Senator John Kennedy, R-La., Discuss the concerns about prices and their impact on the economy on “Kudlow”.
In addition, “Made in America” companies that go from offshore to onshore, well, they will obtain a corporate tax rate of 15%, among the lowest in the world. Another advantage.
And then, think of the huge reduction of President Trump of regulatory compliance costs. For each new regulation, he says that he would finish ten others.
He has already published 107 decrees in 67 days, more than any other president of history, and many of these orders have deregulated the economy.
Environmental policies, power plants, fossil fuels, bank, dry, construction, and so on.
The EPA administrator, Lee Zeldin, unpacked the rule changes since the Trump administration took office on “Kudlow”.
In so many countries at high prices around the world, their governments are authoritarian, if not downright statists. This is particularly the case in China and Asia. But what would you say the European Union?
Well, come to America, and the Trump administration gives you more commercial freedom to act, eliminating the economic and cultural regulations that have hindered companies for so long.
A good deal, wouldn’t you say? Lower fixed and much less regulations.
Under the fullness of Mr. Trump’s economic plan, the United States will become a very large growth machine. According to the president, he has already attracted around 4 billions of dollars of new foreign investments. And it’s only in a few months.
You could say – free market capitalism.
Oh, and by the way, if you build in America, you don’t even have to worry about prices.
