{"id":51703,"date":"2025-08-02T19:39:41","date_gmt":"2025-08-02T19:39:41","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=51703"},"modified":"2025-08-02T19:39:41","modified_gmt":"2025-08-02T19:39:41","slug":"economists-lied-about-trumps-tariffs","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=51703","title":{"rendered":"ECONOMISTS LIED ABOUT TRUMP\u2019S TARIFFS"},"content":{"rendered":"

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President Donald Trump signs an Executive Order on the Administration\u2019s tariff plans at a \u201cMake America Wealthy Again\u201d event, Wednesday, April 2, 2025, in the White House Rose Garden. (Official White House Photo by Daniel Torok)<\/figcaption><\/figure>\n

Donald Trump\u2019s return to the White House has triggered a hard reset of the United States\u2019 <\/span>trade policy<\/span><\/a>. His administration has <\/span>reintroduced<\/span><\/a> direct bilateral agreements, strategic tariffs, and a renewed emphasis on foreign investment that prioritizes American industrial competitiveness.\u00a0<\/span><\/p>\n

Within the first six months of 2025, the federal governm<\/span>ent collected <\/span>$150 billion<\/a> in <\/span>tariff<\/a> revenue\u2014funds deposited directly into the United States Treasury rather than foreign governments.<\/span><\/p>\n

In May 2025, the United States recorded its smallest <\/span>trade deficit<\/span><\/a> with China in more than a decade. That outcome followed Trump\u2019s implementation of tariffs of up to <\/span>25%<\/span><\/a> on Chinese exports in sectors such as steel, consumer electronics, and aluminum industries in which China previously maintained global dominance.\u00a0<\/span><\/p>\n

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As a direct consequence, many American firms relocated production to domestic facilities. The trade deficit with China in May 2025 declined by <\/span>40%<\/span><\/a> compared to the same period in 2024.<\/span><\/p>\n

Through a newly ratified agreement with the European Union, the EU has committed to purchasing <\/span>$750 billion<\/span><\/a> in American energy products, more than doubling the 2024 benchmark. <\/span><\/p>\n

The deal includes an additional <\/span>$600 billion<\/span><\/a> in direct EU investments into strategic U.S. sectors, including semiconductors, advanced manufacturing, and renewable energy infrastructure.\u00a0<\/span><\/p>\n

To preserve domestic competitiveness, tariffs of <\/span>15%<\/span><\/a> remain in place on sensitive imports such as pharmaceuticals, automobiles, and microchips, while industrial metals face duties of up to <\/span>50%<\/span><\/a>.<\/span><\/p>\n

In the Indo-Pacific region, <\/span>Japan<\/span><\/a> signed a $550 billion bilateral agreement ensuring that <\/span>90%<\/span><\/a> of profits generated from Japan-backed projects within the United States remain under American ownership.\u00a0<\/span><\/p>\n

The sectors covered by the agreement include electric vehicle production, aerospace development, and semiconductor fabrication\u2014fields essential to long-term economic leadership. <\/span><\/p>\n

To level the field, <\/span>Japan<\/span><\/a> also accepted a <\/span>15%<\/span><\/a> tariff on its exports to the United States.<\/span><\/p>\n

Indonesia, one of Southeast Asia\u2019s fastest-growing economies, committed <\/span>$2 billion<\/span><\/a> toward the construction of a blue ammonia facility in Louisiana, a project projected to create thousands of U.S.-based jobs. <\/span><\/p>\n

In parallel, Indonesia has agreed to purchase <\/span>$15 billion<\/span><\/a> worth of American energy products, including propane, crude oil, and gasoline.<\/span><\/p>\n

Negotiations are ongoing with both Vietnam and the Philippines. While specific figures have not yet been finalized, preliminary discussions suggest that both nations will fund substantial U.S.-led projects in agriculture, green energy, and consumer electronics manufacturing.<\/span><\/p>\n

In the Middle East, the scale of investment is unprecedented. <\/span>Qatar<\/span><\/a> has pledged a <\/span>$1.2 trillion <\/span><\/a>strategic partnership with the United States, with <\/span>$250 billion<\/span><\/a> in signed contracts spanning aerospace, defense systems, and civil aviation. <\/span><\/p>\n

Saudi Arabia committed <\/span>$600 billion<\/span><\/a> in direct American investments, and the United Arab Emirates added <\/span>$200 billion<\/span><\/a> in targeted capital focused on artificial intelligence, logistics, and advanced manufacturing.<\/span><\/p>\n

British aviation company AviaCorp finalized a <\/span>$10 billion<\/span><\/a> deal to purchase Boeing aircraft\u2014a transaction that will support thousands of jobs in Missouri, Washington, and South Carolina. <\/span><\/p>\n

Simultaneously, the United States <\/span>lifted<\/span><\/a> tariffs on British-made Rolls-Royce engines, essential components in Boeing\u2019s domestic assembly lines, ensuring continued supply chain stability and job security for American workers.<\/span><\/p>\n

U.S. chemical and pharmaceutical <\/span>exporters<\/span><\/a>, particularly in Texas and Louisiana, also stand to benefit. The new <\/span>agreement<\/span><\/a> eliminates prior regulatory barriers on the export of industrial chemicals and advanced medical products, opening new global markets for American producers.<\/span><\/p>\n

Foreign direct investment, which declined from $403 billion in 2021 to $270 billion in 2023, is now experiencing a sharp rebound. <\/span><\/p>\n

Trump\u2019s 2025 <\/span>trade<\/span><\/a> framework, supported by agreements with <\/span>Japan<\/span><\/a>, Qatar, Saudi Arabia, and the European Union, is projected to deliver more than $2.5 trillion in long-term capital to the U.S. economy. These investments are strategically targeted at sectors critical to growth, resilience, and national security.<\/span><\/p>\n

This entire approach <\/span>contrasts<\/span><\/a> sharply with trade policy under President Joe Biden. During his tenure, federal spending included allocations such as <\/span>$25,000<\/span><\/a> for legal support to LGBTQ asylum seekers in the United Kingdom and <\/span>$40,000<\/span><\/a> for identity-themed literary festivals. <\/span><\/p>\n

While such programs may offer symbolic or cultural value, they did little to stimulate American exports, job creation, or manufacturing output.<\/span><\/p>\n

Trump\u2019s <\/span>trade policy<\/span><\/a> rests on a singular guiding principle: secure measurable value for the American worker. Whether in ethanol production, semiconductor fabrication, or aerospace engineering, these industries are not merely contributors to GDP\u2014they are strategic national assets.\u00a0<\/span><\/p>\n

Under Trump, they are finally being <\/span>treated<\/span><\/a> as such.<\/span><\/p>\n

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The post ECONOMISTS LIED ABOUT TRUMP\u2019S TARIFFS<\/a> appeared first on The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

President Donald Trump signs an Executive Order on the Administration\u2019s tariff plans at a \u201cMake America Wealthy Again\u201d<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-51703","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nECONOMISTS LIED ABOUT TRUMP\u2019S TARIFFS - Sasquatch News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sasquatchnewsonline.com\/?p=51703\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECONOMISTS LIED ABOUT TRUMP\u2019S TARIFFS - 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