Election 2020 / Election Coverage / Opinion / Politics

Trump Wants to Make America a ‘Manufacturing Superpower’ Without Reliance on China

trumpPresident Donald Trump said that if he is reelected, his administration will attempt to reduce U.S. dependence on Chinese manufacturing and bring those jobs back to the United States.

“We will make America into the manufacturing superpower of the world, ending reliance on China once and for all,” Trump said Wednesday during an event with the Economic Club of New York and other chapters.

In his remarks, the president said he would reward companies that move their jobs to the United States and punish firms that oppose the measure.

“We will keep taxes low for companies that move jobs to America, and we’ll impose steep tariffs on any company that leaves,” he said. “They want to leave? They want to make our product and then sell it back after firing everybody? Not going to happen. They will be tariffed,” Trump added.

The U.S. manufacturing sector, according to the National Association of Manufacturers (NAM), added about 450,000 workers during the first three years of Trump’s presidency before the pandemic. When businesses were forced to temporarily shut down, about 700,000 jobs during the March-through-September period were lost, the group said.

NAM said last week the number of current manufacturing job openings reached 460,000, which is the highest since July of last year, adding that it will be looking to fill 4.6 million jobs over the next eight years. Before the pandemic in January 2019, the United States had 12.8 million manufacturing jobs after 264,000 jobs were added in 2018, which was the highest number since 1988, data shows.

Trump’s comments came about three weeks before the November election. Trump spoke from the White House Rose Garden and will now head to Iowa and has rallies scheduled in North Carolina, Florida, and Georgia this week.

His speech also included some critical comments toward the Obama administration and former Vice President Joe Biden, his Democratic presidential rival, accusing them of selling out “American workers like never before.”

“I implemented massive tax cuts and regulation cuts to keep jobs, opportunity and wealth in America,” he said. “I’ve taken the toughest-ever action against China’s chronic trade abuses that we all know so well. I immediately canceled the last administration’s job-killing Trans-Pacific Partnership, and I renegotiated the South Korea deal, which was a disaster,” Trump said.

His recent comments came as the U.S. economy continues to reel due to stay-at-home mandates and business shutdowns to curb the spread of the CCP (Chinese Communist Party) virus. During the pandemic, Trump has repeatedly tried to shift the focus away from the current state of the economy to the pre-pandemic one.

In his speech, Trump also issued a warning that if he loses the election, then “China will own the United States.”

“China unleashed the virus onto the world, and only a Trump administration will hold them accountable,” he added.

Reprinted with Permission from - Epoch Times by - Jack Phillips

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Kim
1 month ago

Buying “Made in America” products rewards American companies and keeps Americans employed. For years, I have looked for the country of origin on labels, and always purchase the ones made locally. Sometimes, of course, there’s no domestic option.

I don’t mind paying a bit more for the products made here, but there are unseen costs when buying the cheaper goods made in China. I’m grateful to President Trump for informing us of the extent to which our former trade policies with China hurt American industries and our economy.

Mimi
1 month ago

I will gladly tighten my financial belt and pay more for “MADE IN AMERICA” products. They are better and last longer, and bring job back home where they belong.

John A. Fallon
1 month ago

Jobs were taken away from hard working AMERICANS that are in fact responsible for the success of all the companies and corporations in AMERICA by people who have nothing to do with the growth of these businesses but that are so driven with GREED that they do not want to pay thier workers a fair wage so they took these co. and corp. Overseas to get SLAVE LABOR so they could increase thier profits and further increase them by continually raising prices, we need a maximum wage limit not a minimum wage, how many BILLIONS will make them happy? NONE!!!… Read more »

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