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50+ results for "tag:trade-policy"

Post from Truth Social

BIG WIN today at the U.S. Court of International Trade on one of the most DESPICABLE loopholes in American Trade Policy — The so-called “de minimis” exemption.
 
For years, Foreign Shippers could send packages worth up to $800 into our Country, DUTY FREE, NO TARIFF, far less scrutiny. It became a giant loophole for TARIFF Cheats — and a Pipeline exploited by Fentanyl Traffickers, Counterfeiters, and other Criminals shipping dangerous and illegal products into America. The numbers were staggering. In 2024 alone, de minimis cost America an estimated 10.8 BILLION DOLLRS in foregone TARIFF Revenue, and an astonishing share of narcotics and counterfeit seizures came through the de minimis channel. So, we CLOSED IT. With the stroke of my mighty pen — NO AUTOPEN!!! — we ended this ridiculous giveaway, and made Foreign Goods play by the rules. The Importers sued. Today, THEY LOST. The Court ruled that the President had the Legal Authority to rescind this so-called “privilege.”
 
America is now SAFER, our Workers are better protected, and BILLIONS in TARIFF Revenue that used to slip through this loophole can instead help pay for our Great Military, Tax Relief, NO TAX ON TIPS, and NO TAX ON SOCIAL SECURITY. AMERICA FIRST TRADE — AND AMERICA FIRST LAW ENFORCEMENT! President DONALD J. TRUMP

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Post from Truth Social

The European Union is at it again and, as usual, taking direct aim at GREAT American Companies! After having fined Apple, for no reason at all, 15 Billion Dollars, Meta, 3 Billion Dollars, Amazon 2.5 Billion Dollars, and many others, we have just been informed that Google, a truly advanced and amazing group, has been fined yet another 1 Billion Dollars, without explanation. This brings the Google total to over 18 Billion Dollars! This illegal and highly discriminatory practice started at these high levels during the first year of the Sleepy Joe Biden Administration, but it’s not going to continue during the Trump Administration. The United States of America is not a “PIGGYBANK” for Europe, nor will we allow it to be! Please let this TRUTH serve to represent that we will immediately initiate a 301 Investigation into the practice of “ROBBING” American Companies and, in turn, the American Taxpayer. The European Union will pay a very big price for this illegal and highly unethical conduct, which I have consistently warned them about. The penalties will be entirely reversed and, we anticipate, a substantial TARIFF to be placed on them at the earliest possible moment. Stay tuned! President DONALD J. TRUMP

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Post from Truth Social

Effective August 1st, 2026, all Generic Drugs being brought into the United States will continue to have a TARIFF of ZERO PERCENT for a two year period of time, after which the TARIFF will be raised to 100% for a one year period of time, and 200% thereafter. This is done in order to RESHORE Generic Pharmaceutical Production into America, with a penalty to those Companies that decide not to build Plant and Equipment within the stated period of time given to them. The objective of this Policy is to protect the people of the United States. The Policy on Patented, Branded, or Innovative Drugs, which has been so successful, will remain as is. Pharmaceutical Facilities are being built, at a level never seen before, all over the United States of America. Thank you for your attention to this matter! President DONALD J. TRUMP

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Post from Truth Social

Numerous European Countries have been discussing the imminent implementation of a Digital Services Tax on American Companies. Some of these Countries are close to actually doing this. Please let this statement serve to represent that any Country that imposes such a Tax will immediately be met with a 100% TARIFF on any and all Goods sent to the United States of America. This TARIFF will supersede Trade Deals made with the Country, whether implemented, signed, or not. Additionally, the 100% TARIFF will be immediately imposed, if they proceed. Thank you for your attention to this matter. President DONALD J. TRUMP

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Post from Truth Social

In Honor of the King and Queen of the United Kingdom, who have just left the White House, soon headed back to their wonderful Country, I will be removing the Tariffs and Restrictions on Whiskey having to do with Scotland’s ability to work with the Commonwealth of Kentucky on Whiskey and Bourbon, two very important Industries within Scotland and Kentucky. People have wanted to do this for a long time, in that there had been great Inter-Country Trade, especially having to do with the Wooden Barrels used. The King and Queen got me to do something that nobody else was able to do, without hardly even asking! A wonderful Honor to have them both in the U.S.A.  President DONALD J. TRUMP

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Post from Truth Social

U.S. Trade Deficit Nearly Cut in Half Since Liberation Day: https://www.breitbart.com/economy/2026/02/19/u-s-trade-deficit-nearly-cut-in-half-since-liberation-day/
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Post from Truth Social

Europe today "hit" another great American company, Google, with a $3.5 Billion Dollar fine, effectively taking money that would otherwise go to American Investments and Jobs. This is on top of the many other Fines and Taxes that have been issued against Google and other American Tech Companies, in particular. Very unfair, and the American Taxpayer will not stand for it! As I have said before, my Administration will NOT allow these discriminatory actions to stand. Apple, as an example, was forced to pay $17 Billion Dollars in a Fine that, in my opinion, should not have been charged — They should get their money back! We cannot let this happen to brilliant and unprecedented American Ingenuity and, if it does, I will be forced to start a Section 301 proceeding to nullify the unfair penalties being charged to these Taxpaying American Companies. Thank you for your attention to this matter!DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA

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Post from Truth Social

https://www.whitehouse.gov/presidential-actions/2025/09/implementing-the-united-states-japan-agreement/

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Post from Truth Social

I am pleased to announce that we are doing a major Tariff Investigation on Furniture coming into the United States. Within the next 50 days, that Investigation will be completed, and Furniture coming from other Countries into the United States will be Tariffed at a Rate yet to be determined. This will bring the Furniture Business back to North Carolina, South Carolina, Michigan, and States all across the Union. Thank you for your attention to this matter!

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Post from Truth Social

I have just signed an Executive Order that will extend the Tariff Suspension on China for another 90 days. All other elements of the Agreement will remain the same. Thank you for your attention to this matter! DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA

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Post from Truth Social

THE AUGUST FIRST DEADLINE IS THE AUGUST FIRST DEADLINE — IT STANDS STRONG, AND WILL NOT BE EXTENDED. A BIG DAY FOR AMERICA!!!

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Post from Truth Social

Senator Markwayne Mullin: “President Trump is the first President we've had that actually has a backbone strong enough to stand up and say we've got to right this wrong, start manufacturing goods here. China has got rich off our country. We have spent trillions of dollars building China's economy…”

Video transcript 1:30

What the president is trying to say is we got to put the American worker back. We're not making things here, and we have lost thousands of jobs because of our unfair trade deals we've had with countries since World War II. Listen, Nixon talked about this, Ford talked about this, Jimmy Carter talked about this, Reagan, Bush, Clinton, Bush, Obama. The only president that hasn't talked about this is Biden, how we have been getting ripped off in this country, and we're no longer making products, and it's a serious issue. President Trump is the first one, first president we've had that actually has a backbone strong enough to stand up and say we've got to right this wrong, start manufacturing goods here. China has got rich off of our country. We have spent trillions of dollars building China's economy, 40% of all their goods they manufacture are sold back here in the United States, and they rip us off all the time. They rip off our technology, they rip off our companies that do business there, they have unfair business deals, and then they also take advantage of our farmers that ship goods over there by canceling products all the time, and then renegotiating the deal once they're already on the ships in the Pacific. So President Trump is standing up to the bully China and saying enough is enough, and by the way, we've all heard about the Belt and Road Initiative. China was trying to do that to make all countries dependent on them. What President Trump is doing is blowing holes all in the Belt and Road Initiative right now which good on President Trump.

Transcribed automatically. Expect errors in names and numbers.

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Post from Truth Social

The USA lost Billions of Dollars A DAY in International Trade under Sleepy Joe Biden. I have now stemmed that tide, and will be making a fortune, very soon. Stay tuned as we MAKE AMERICA GREAT AGAIN!!!

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Post from Truth Social

NON-TARIFF CHEATING:1. Currency Manipulation2. VATs which act as tariffs and export subsidies3. Dumping Below Cost4. Export Subsidies and Other Govt. Subsidies5. Protective Agricultural Standards (e.g., no genetically engineered corn in EU)6. Protective Technical Standards (Japan’s bowling ball test)7. Counterfeiting, Piracy, and IP Theft (Over $1 trillion a year)8. Transshipping to EVADE Tariffs!!!

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Post from Truth Social

“I appreciate what the President is doing on tariffs...Australia has sold $29 billion worth of beef in the United States, and we haven't been able to sell one hamburger in Australia because of barriers…you look at these numbers, and the ranchers of Wyoming are saying thank you Mr. President, it is about time!”

Video transcript 0:38

And I appreciate what the president is doing on tariffs, specifically in our home state of Wyoming. In terms of beef, the cattle producers, they're saying it is about time. One of the countries that you just showed on that slip before I came in, Australia. Australia sold $29 billion worth of beef in the United States, and we haven't been able to sell one hamburger in Australia because of Barry. They showed Thailand 30% tariffs on beef coming from the United States, Vietnam 50%. You look at these numbers, and the ranchers of Wyoming are saying, "Thank you, Mr. President. It is about time."

Transcribed automatically. Expect errors in names and numbers.

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Post from Truth Social

"The opportunity is to rebuild the global trading system in a way that works for the United States, which we didn't have."

Video transcript 0:32

what the opportunity is, is to rebuild the global trading system in a way that works for the United States, which we didn't have. I think there's also the opportunity on globalism, to reverse it. E.J. was talking about China, you know, they're still getting loans from the World Bank, I couldn't stop it. They're still getting debt restructurings. When they make a bad loan abroad, they get all their money back. And so the whole system is set up in a way that favors them and not the U.S. So this is a starting point.

Transcribed automatically. Expect errors in names and numbers.

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Post from Truth Social

“Companies eye US expansion to lessen fallout from potential tariffs” https://www.reuters.com/business/energy/indias-reliance-stop-buying-venezuelan-oil-over-us-tariffs-sources-say-2025-03-26/

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Post from Truth Social

https://www.washingtonexaminer.com/restoring-america/faith-freedom-self-reliance/3324484/trump-trade-policy-will-save-farmers/

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Post from Truth Social

Canada doesn’t allow American Banks to do business in Canada, but their banks flood the American Market. Oh, that seems fair to me, doesn’t it?

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Post from Truth Social

“FACT SHEET: PRESIDENT DONALD J. TRUMP ANNOUNCES ‘FAIR AND RECIPROCAL PLAN’ ON TRADE” https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-announces-fair-and-reciprocal-plan-on-trade/

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Post from Truth Social

On Trade, I have decided, for purposes of Fairness, that I will charge a RECIPROCAL Tariff meaning, whatever Countries charge the United States of America, we will charge them - No more, no less!For purposes of this United States Policy, we will consider Countries that use the VAT System, which is far more punitive than a Tariff, to be similar to that of a Tariff. Sending merchandise, product, or anything by any other name through another Country, for purposes of unfairly harming America, will not be accepted. In addition, we will make provision for subsidies provided by Countries in order to take Economic advantage of the United States. Likewise, provisions will be made for Nonmonetary Tariffs and Trade Barriers that some Countries charge in order to keep our product out of their domain or, if they do not even let U.S. businesses operate. We are able to accurately determine the cost of these Nonmonetary Trade Barriers. It is fair to all, no other Country can complain and, in some cases, if a Country feels that the United States would be getting too high a Tariff, all they have to do is reduce or terminate their Tariff against us. There are no Tariffs if you manufacture or build your product in the United States.For many years, the U.S. has been treated unfairly by other Countries, both friend and foe. This System will immediately bring Fairness and Prosperity back into the previously complex and unfair System of Trade. America has helped many Countries throughout the years, at great financial cost. It is now time that these Countries remember this, and treat us fairly – A LEVEL PLAYING FIELD FOR AMERICAN WORKERS. I have instructed my Secretary of State, Secretary of Commerce, Secretary of the Treasury, and United States Trade Representative (USTR) to do all work necessary to deliver RECIPROCITY to our System of Trade!

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Post from Truth Social

NEWS CONFERENCE ON RECIPROCAL TARIFFS TODAY, 1:00 P.M., THE OVAL OFFICE. MAKE AMERICA GREAT AGAIN!!!

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Post from Truth Social

https://www.newsweek.com/sorry-democrats-free-trade-republicans-trumps-tariffs-worked-opinion-1882297

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Post from Truth Social

“Trump Vows U.S. Tariffs on All Foreign Imports to Protect American Jobs”

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Post from Truth Social

“Trump vows to kill Asia trade deal being pursued by Biden if elected” https://www.reuters.com/world/us/trump-vows-kill-asia-trade-deal-being-pursued-by-biden-if-elected-2023-11-19/

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Post from Truth Social

https://www.foreignaffairs.com/north-america/robert-lighthizer-new-american-way-trade

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Post from Truth Social

RECIPROCAL TRADE AGREEMENT!

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Post from Truth Social

https://www.economist.com/by-invitation/2021/10/05/robert-lighthizer-on-the-need-for-tariffs-to-reduce-americas-trade-deficit

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Post from Truth Social

…When Bob led trade policy in my Administration, our friends respected us, our enemies feared us, and the World knew that we couldn’t be treated like suckers. When I am re-elected President, I will rely on America First Patriots like Bob Lighthizer to make our Country great again. If you want a sneak peak into the type of trade priorities and policies I will have in a second Trump term, pick up No Trade is Free today! https://www.amazon.com/No-Trade-Free-Changing-Americas-ebook/dp/B0BBH36CH6/ref=sr_1_1_nodl?crid=3EJ8N6R61OSAY&keywords=NO+TRADE+IS+FREE&qid=1688049054&sprefix=no+trade+is+free%2Caps%2C173&sr=8-1&dplnkId=cb24759b-209e-45ea-a8b1-75840c2a476b

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Post from Truth Social

Cementing Fair and Reciprocal Trade with the Trump Reciprocal Trade Act! #AGENDA47

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Post from Truth Social

https://justthenews.com/politics-policy/trump-vows-sweeping-pro-american-overhaul-tax-trade-policies-campaign-video

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Post from Truth Social

https://compactmag.com/article/on-trade-biden-follows-trump

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Post from Truth Social

Great article—Thank you, Frank! https://pjmedia.com/columns/frankfilocomo/2022/09/24/joe-bidens-utter-ineptitude-on-trade-policy-n1631879

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Post from X (Twitter)

It was not Ambassador Lighthizer’s fault (yesterday in Committee) in that perhaps I didn’t make myself clear, but the U.S. certainly does maintain a policy option, under various conditions, of a complete decoupling from China. Thank you!

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Post from X (Twitter)

....product and goods to China and other countries. That’s what trade is all about. We don’t want to make it impossible to do business with us. That will only mean that orders will go to someplace else. As an example, I want China to buy our jet engines, the best in the World....

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Post from X (Twitter)

The United States cannot, & will not, become such a difficult place to deal with in terms of foreign countries buying our product, including for the always used National Security excuse, that our companies will be forced to leave in order to remain competitive. We want to sell...

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Post from X (Twitter)

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....THE UNITED STATES IS OPEN FOR BUSINESS!

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Post from X (Twitter)

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....product and goods to China and other countries. That’s what trade is all about. We don’t want to make it impossible to do business with us. That will only mean that orders will go to someplace else. As an example, I want China to buy our jet engines, the best in the World....

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Post from X (Twitter)

Republicans in Iowa, go out and Caucus today. Your great Trade Deals with China, Mexico, Canada, Japan, South Korea and more, are DONE. Great times are coming, after waiting for decades, for our Farmers, Ranchers, Manufacturers and ALL. Nobody else could have pulled this off!

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Post from X (Twitter)

BIGGEST TRADE DEAL EVER MADE, the USMCA, was signed yesterday and the Fake News Media barely mentioned it. They never thought it could be done. They have zero credibility!

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Post from X (Twitter)

Brazil and Argentina have been presiding over a massive devaluation of their currencies. which is not good for our farmers. Therefore, effective immediately, I will restore the Tariffs on all Steel &amp, Aluminum that is shipped into the U.S. from those countries. The Federal....

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Post from X (Twitter)

Our great Farmers will recieve another major round of “cash,” compliments of China Tariffs, prior to Thanksgiving. The smaller farms and farmers will be big beneficiaries. In the meantime, and as you may have noticed, China is starting to buy big again. Japan deal DONE. Enjoy!

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Post from X (Twitter)

....on October 1st, we have agreed, as a gesture of good will, to move the increased Tariffs on 250 Billion Dollars worth of goods (25% to 30%), from October 1st to October 15th.

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Post from X (Twitter)

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....We can’t have a system where we run our entire economy for the benefit of other countries, which have long charged us big tariffs. Don’t keep ducking the reality. The U.S. has been subject to Tariff Terrorism for 50 years. But a real deal can be done.” Sam Zell @joekernencnbc

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Post from X (Twitter)

For all of the “geniuses” out there, many who have been in other administrations and “taken to the cleaners” by China, that want me to get together with the EU and others to go after China Trade practices remember, the EU &amp, all treat us VERY unfairly on Trade also. Will change!

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Post from X (Twitter)

...during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country. This does not include the 250 Billion Dollars already Tariffed at 25%...

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Post from X (Twitter)

.....if Mexico produces (which I think they will). Biggest part of deal with Mexico has not yet been revealed! China is similar, except they devalue currency &amp, subsidize companies to lessen effect of 25% Tariffs. So far, little effect to consumers. Companies will relocate to U.S.

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Post from X (Twitter)

....amounts of agricultural product from our great Farmers. At the request of our High Tech companies, and President Xi, I agreed to allow Chinese company Huawei to buy product from them which will not impact our National Security. Importantly, we have opened up negotiations...

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