Trump's economic strategy
Sundance writes at The Conservative Treehouse,
The economic strategy of President Trump is so consequential and encompassing, even the domestic effects are felt globally.
♦Removing the U.S. from the multinational TPP trade deal initially planted the seeds of doubt amid multinational trade forecasters because the shift positioned the U.S. with unique leverage. They saw Trump using access to the worlds largest market as a negotiating strategy.
♦A few months later, President Trump walked away from the ridiculous regulatory restrictions within the Paris Climate Treaty. Instantaneously this put even more strategic manufacturing and economic advance on the U.S. ledger, and simultaneously made American energy independence a foregone conclusion.
♦And now that congress has codified President Trump’s lower domestic business taxes, in conjunction with opening up ANWR for energy development (a strategic economic goal for 20+ years), the size of the U.S. economic and manufacturing advantage has just increased U.S. trade leverage to almost unimaginable levels.
Economic Nationalism – President Trump’s strategy has created: •Lower and long-term predictable energy costs, not attached to OPEC or multinational influence; •Lower and long-term raw material costs due to slashed regulatory environment; •lower and long-term business manufacturing tax rates; and now Trump begins negotiating trade deals.
Add these advantages together within the largest economic market in the world and the U.S. is now the place where manufacturers will want to do business. Additionally, the process of utilizing Canada and/or Mexico as a workaround into the U.S. market, via NAFTA, is on the cusp of removal.
Go here to read more, especially to read what Sundance is surmising about China.
Source: http://bobagard.blogspot.com/2017/12/trumps-economic-strategy.html
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