Tariffs & Trump’s Inner Circle

Never Give Up

COMMENT:

I dont get it..
You said you have no access to Trump.
Cmon Marty…
Your smart enough to find a way.
Your known by many govts and your not smart enough to get through?
I dont believe that!
Even Alex Jones says he has access to Trump
You know Alex…
And he cant get the message to Trump!

GG

REPLY: These tariffs are, to a large extent, political in hopes of forcing change. Europe, for example, is deep in Marxism with high tariffs in theory to protect jobs. Take agriculture. Europe has an Agriculture: 13.9%. Tariff on American agriculture compared to the USA at 5%. Then there are issues the press does not even discuss—the Non-Tariff Barriers (NTBs). The EU loves to employ stringent NTBs (e.g., EU regulations, US standards), which are distinct from tariff rates. Regulate something like quality. Since Europe has attacked its farmers using climate change, it can impose NTBs if crops are grown with the fertilizers they have outlawed.

1996 Testify

I believe Trump’s people have taken my testimony before the House Ways & Means Committee because they have advocated the 15% rate I laid out there. I explained that US manufacturers leave because of taxation and regulation, not because they have to pay someone $10 an hour vs. $15. I explained that we could not go to ZERO because some countries would tax a company if it were located in a tax-free zone. I explained that 15% would bring back all the companies that left, but there has to be some guarantee that if the Democrats get back in, they do not reverse everything. Democrats love spending the money of other people. They are indoctrinated into Marxism.

So this is far more complex; all I can do is point out the proper path. I do speak with some people on the team, but we must take this realistically. Canada has tariffs even between its provinces, as if each were its own country. It is a real mess. Many Canadians never knew about that. It is over C$200 billion.

Latest Posts

Time the Last Frontier

  QUESTION: Mr. Armstrong, I have followed Socrates for over a year now. I was told by friends you run the most unbiased site in the industry. I greatly appreciate [...]
Read more