Ideas collide as Trump lays out a pro-growth, anti-trade vision

Source: Orange County Register
by Veronique de Rugy

“At last week’s World Economic Forum in Davos, Switzerland, President Donald Trump mixed compelling pro-growth talking points with his signature streak of aggressive protectionism. It’s safe to say that these two ideas are officially on a collision course. On one hand, Trump insists that ‘America is back and open for business.’ His promises to make America a 15% corporate-tax haven and lower energy costs are signs of this commitment. On the other hand, Trump warns of punishing tariffs and retaliatory measures for Americans who dare to manufacture or source inputs for their products from abroad, or for countries that dare to tax their own citizens in ways he deems unfair. This sends a very different message: that the U.S. is closed to the modern way of doing business.” (01/30/25)

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