Agenda47: Trump unveils bold new promises to reduce reliance on China and put America First

2DF3DY9 President Donald Trump talks to the media in the south lawn of the White House in Washington, D.C. on Monday, March 2, 2020. President Donald Trump heads to North Carolina for Make America Great Rally. Photo by Tasos Katopodis/Pool/ABACAPRESS.COM

Photo: Alamy

President Trump reminded Americans of his pro-America policy on our nation’s economic relationship with China via a new Agenda47 video released on Truth Social.

Making his position as clear as day, Trump wrote in a post on Wednesday night, “Crooked Joe Biden’s policy is China First—My policy is very simple, AMERICA FIRST!!!”

The Agenda47 video highlighted how he would “tax China to BUILD UP AMERICA” and regain economic independence.

Slamming Biden’s commitment to building up China, Trump said, “Joe Biden claims to support American manufacturing, but in reality, he’s promoting the same pro-China globalist agenda that ripped the industrial heart out of our country.” He emphasized, “It RIPPED us apart.”

“Biden and the globalists support raising taxes on American production. They support more crippling regulations killing American jobs. They support skyrocketing domestic energy costs. And they support massive anti-American multinational agreements that send our wealth and factories overseas. Very simply the Biden agenda taxes America to build up China. China is the big beneficiary. We cannot let that happen.”

Describing how his administration established policies with China that benefitted Americans, Trump made a new promise for his next presidency.

“My agenda will tax China to build up America,” Trump vowed. “The heart of my vision is a sweeping pro-American overhaul of our tax and trade policy to move from the Biden system that punishes domestic producers, and rewards outsourcers to a system that rewards domestic production and taxes foreign companies and those who export American jobs.”

He added, “They will be rewarded and rewarded greatly, and our country will benefit.”

Trump explained how his White House administration will achieve this vision.

He announced that, under his leadership, the U.S. will “phase in a system – universal baseline tariffs on most foreign products.” Additionally, tariffs will increase “incrementally depending on how much individual foreign countries devalue their currency.” Trump said this policy will reduce “trade cheating and abuse.”

Further, taxes on American producers will “go down very substantially” to incentivize companies to bring jobs back to America.

Trump also seeks to “end” the United States’s “gaping trade deficits.” He promised to “bring trillions and trillions of dollars pouring into the United States Treasury from foreign countries and allow us to invest that money in American workers and American families and American communities.”

“This plan will be the linchpin of a new strategic national manufacturing initiative,” said the 45th president, which builds on his “bold series of reforms” to reduce America’s reliance on China.

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