14 posts from Wednesday, March 1, 2023

-Under Joe Biden's nation-wrecking policies, our trade deficits are exploding like never before, killing jobs, killing factories, and killing America's economic future. As president, I began to successfully slash our trade deficits before the pandemic. Now the Biden administration has us bleeding wealth on a historic scale like never seen before. These gigantic trade deficits are also known as losses. Last year, we lost $383 billion to China and nearly $1 trillion all over the world, the largest trade deficit in the history of our country by far. Through these unsustainable losses, we are handing China more and more of our jobs, more and more victories, and long-term prosperity in exchange for cheap, disposable consumer goods. We foolishly send China hundreds of billions of dollars, and China uses those dollars to buy up our real estate, our factories, and our wealth-creating industries, and they also use all that money to build up their military, and they're doing it rapidly. In short, Joe Biden is America on a path to subservience, an economic ruin, and everybody knows it, and other countries are laughing at us. Under my leadership, we will end his gigantic job-killing trade deficits, reclaim our independence, and launch a great economic boom. When I was president, the so-called experts hysterically predicted that my tariffs on China, Mexico, and other countries would crash the economy. Instead, the opposite happened -- exactly the opposite. Under my policies, we had virtually no inflation. We had tremendous job creation. We had rapid wage growth for the first time in many, many years, and we had more than 17,000 new factories open up for business right here in the USA. Through my Strategic National Manufacturing Initiative, we will do it again. We'll be bigger and better and stronger than we've ever been, and we did a great job two years ago. We'll do even better this time. Thank you very much.

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