Donald Trump keeps gaining momentum in the 2024 race.
That’s because Trump speaks to the issues the Washington, D.C. Swamp ignores.
And Donald Trump brought a crowd to its feet with this simple truth.
Donald Trump destroys globalist agenda on trade
One of the core issues that motivated Donald Trump to run for President was the establishment selling out the middle class through one-sided trade deals with foreign countries that shipped American jobs and wealth overseas.
Trump’s been hammering these themes in a full page ad Trump took out in The New York Times in the late 1980s.
Leftist elites scoff at Trump’s call for new trade deals and tariffs to confront hostile countries like Communist China that took advantage of liberalized trade to grow an economy to fund their military buildup.
Trump stepped into the belly of the beast for an interview with Bloomberg Editor-in-Chief John Micklethwait at The Economic Club of Chicago.
Micklethwait couldn’t wait to tear into Trump on tariffs, claiming Trump’s plan for across the board tariffs would wreck the economy.
“The overall effect could be massive,” Micklethwait stated, arguing that Trump sought to plunge the United States into a “trade war.”
Trump didn’t give an inch and defended the economic policies that brought about an historic economic boom in his first three years in office.
“It’s going to have a massive effect — positive effect. It’s going to be a positive effect,” Trump began.
Trump then fired right back at Micklethwait, needling the British journalist that it must stick in his craw to spend more than two decades arguing against tariffs only to have Trump come onto his turf and set him straight.
“It must be hard for you to spend 25 years talking about tariffs as being negative and then have somebody explain to you that you’re totally wrong,” Trump declared.
At this point the crowd in attendance began applauding Trump.
False claims of a national sales tax
Micklethwait echoed the falsehoods perpetuated by the Kamala Harris campaign that Trump’s proposing a national sales tax.
“Critics say your tariffs will end up being like a national sales tax,” Micklethwait declared. “America, at the moment, has $3 trillion worth of imports. You’re going to add tariffs to every single one of them. That is going to push up the cost for all those people who want to buy foreign goods.”
“Isn’t that simple mathematics, President Trump?” the interviewer wondered.
Trump shut Micklethwait right down.
“Yeah, it is, but not the way you’ve figured. I was always very good at mathematics,” Trump replied.
Trump explained that his tariffs were art of the deal negotiating tactics designed to induce companies to move their manufacturing jobs back to America.
If companies built their plants in America – Trump told Micklethwait – they wouldn’t get hit with any tariffs.
“You know, there’s another theory,” Trump said. “The tariff you make it so high, so horrible, so obnoxious, that they’ll come right away.”
“The higher the tariff, the more likely it is that the company will come into the United States and build a factory in the United States so it doesn’t have to pay the tariff,” Trump remarked.
Interviewer: You’re talking about 10-20% tariffs on the rest of the world. That is going to have a serious effect on the rest of the economy.
President Trump: “I agree it’s going to have a massive effect — positive effect… it must be hard for you to spend 25 years talking… pic.twitter.com/zyb1GfXCTi
— Trump War Room (@TrumpWarRoom) October 15, 2024