Changes

==Trump tariffs==

==Trump tariffs==

[[File:Donald Trump official presidential photo.jpg|thumb|250px|right|"Tariff is the most beautiful word in the dictionary." - [[Donald Trump]]<ref>[https://www.theguardian.com/news/audio/2024/dec/16/the-most-beautiful-word-in-the-dictionary-donald-trumps-tariff-plan-podcast ‘The most beautiful word in the dictionary’: Donald Trump’s tariff plan – podcast]</ref>]]

[[File:Donald Trump official presidential photo.jpg|thumb|250px|right|"Tariff is the most beautiful word in the dictionary." - [[Donald Trump]]<ref>[https://www.theguardian.com/news/audio/2024/dec/16/the-most-beautiful-word-in-the-dictionary-donald-trumps-tariff-plan-podcast ‘The most beautiful word in the dictionary’: Donald Trump’s tariff plan – podcast]</ref>]]

U.S. President [[Donald Trump]] supports tariffs as a way of restoring [[America]]n jobs lost due to massive [[trade deficit]]s.  Critics of President [[Trump]]'s tariff proposals are often beneficiaries of products that incorporate items such as low-priced steel imports. Supporters of the President's tariffs believe protective tariffs are a way to protect U.S. producers and American workers.<ref>[https://www.natlawreview.com/article/two-things-missing-debates-us-china-fights Two Things Missing From Debates On US-China Fights]</ref> Trump has noted that the most successful vehicles in the auto industry are protected by high tariffs.<ref>Carney, John (November 28, 2018). [https://www.breitbart.com/economy/2018/11/28/chickentaxtrucks/ Trump Points Out the ‘Chicken Tax’ Has Protected America’s Best Vehicles for Decades]. ''Breitbart News''. Retrieved November 28, 2018.</ref>  

U.S. President [[Donald Trump]] supports tariffs as a way of restoring [[America]]n jobs lost due to massive [[trade deficit]]s.  Critics of President [[Trump]]'s tariff proposals are often beneficiaries of products that incorporate items such as low-priced steel imports. Supporters of the President's tariffs believe protective tariffs are a way to protect U.S. producers and American workers.<ref>[https://www.natlawreview.com/article/two-things-missing-debates-us-china-fights Two Things Missing From Debates On US-China Fights]</ref><ref>[[Ross Perot]] and [[Democrat]] [[House]] Leader [[Richard Gephardt]] made these same arguments in the 1990s.</ref> Trump has noted that the most successful vehicles in the auto industry are protected by high tariffs.<ref>Carney, John (November 28, 2018). [https://www.breitbart.com/economy/2018/11/28/chickentaxtrucks/ Trump Points Out the ‘Chicken Tax’ Has Protected America’s Best Vehicles for Decades]. ''Breitbart News''. Retrieved November 28, 2018.</ref>  

Beginning in the First Trump Administration tariffs on Chinese imports stemmed the [[capital]] outflow to China, sparked creation of manufacturing and service sector jobs in the U.S., and slowed the Chinese [[military]] build-up which previously was being funded by American [[consumer]]s.<ref>[https://www.americanthinker.com/articles/2018/06/trade_deficits_paying_for_china_military_buildup.html]</ref>

Beginning in the First Trump Administration tariffs on Chinese imports stemmed the [[capital]] outflow to China, sparked creation of manufacturing and service sector jobs in the U.S., and slowed the Chinese [[military]] build-up which previously was being funded by American [[consumer]]s.<ref>[https://www.americanthinker.com/articles/2018/06/trade_deficits_paying_for_china_military_buildup.html]</ref>