Trump’s Trade Policies: Tariffs, and Global Market Manipulation

Amid media efforts to instill fear about gov­ern­ment cuts, Trump reas­sures Amer­i­cans that their pay­ments and checks won’t be affect­ed. Mean­while, he is push­ing back against glob­al trade imbal­ances, empha­siz­ing the need for tar­iffs on steel and alu­minum to pro­tect U.S. indus­tries from unfair com­pe­ti­tion. Trump’s stance aims to pre­vent coun­tries from dump­ing cheap goods into the U.S. mar­ket, which can­not com­pete. Addi­tion­al­ly, Trump con­tin­ues to chal­lenge China’s trade prac­tices, par­tic­u­lar­ly their nearshoring strate­gies to bypass U.S. tar­iffs. Japan’s inter­est in the U.S. steel mar­ket high­lights the grow­ing con­cern over cheap Chi­nese imports. Trump’s hard­line approach aims to shift the bal­ance in glob­al trade, sig­nal­ing con­tin­ued engage­ment with Chi­na amid an esca­lat­ing trade war.

• The media is try­ing to install fear. No one is try­ing to cut any­thing or take any­thing from the Amer­i­can peo­ple. No one will stop your checks or your pay­ments. We talked about false social secu­ri­ty num­bers and ille­gals get­ting fund­ing. Once the num­bers are broad­cast­ed of the fraud inside the social secu­ri­ty admin­is­tra­tion there will not be any fear and the midterms will not be affect­ed. 
• The free mar­ket should not dic­tate wages. Trump impos­es 25% tar­iffs on steel and alu­minum. We watched the steel indus­try change. But what we can’t com­pete with world­wide is the cost of liv­ing in oth­er coun­tries and we can’t allow these coun­tries to dump their cheap prod­ucts into our coun­try. We need to have free trade with­in the bor­ders of the US. but any­thing that comes into the coun­ty needs to come into the coun­ty for a bal­ance of com­pe­ti­tion. But not dump­ing the trash in this coun­ty with no way to com­pete. For the most part a lot of coun­tries do not allow US prod­ucts on their shelves. 
• Trump knows how to make their heads explode. Cana­da is not inter­est­ed in being the 51st state, BKP believes that is code word to Cana­da as a reminder that the US can con­trol you and can bank­rupt you. 
• China’s steel always makes it into this coun­try sec­ond hand. Chi­na is not look­ing for invest­ment in the US in the way we would wel­come it. Chi­na is not our ally. Chi­na has looked to Mex­i­co, South Amer­i­ca, and Pana­ma to invest to dump their prod­ucts into our coun­ty with­out tar­iffs by nearshoring. They have been invest­ing in that for years. Trump is say­ing you are going to stop dump­ing into this coun­try, we are not a land­fill for your garbage. Trump has spo­ken to Xi since inau­gu­ra­tion sig­nalling con­tin­ued diplo­mat­ic engage­ment amid esca­lat­ing trade war. 
• Japan’s Nip­pon Steel says the US Steel deal is more cru­cial amid uncer­tain tar­iffs. Japan is ask­ing if we should invest in US Steel and how do we pro­tect against the cheap Chi­nese steel. Trump is bal­anc­ing the mar­kets world­wide.