If there’s one thing supporters and opponents of President Donald Trump’s tariffs should agree on, it’s the need to unchain prosperity at home while international trade is in flux.
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That means renewing the president’s first-term tax cuts, for a start, but it also calls for sweeping regulatory reform — a DOGE-like approach to slice the red tape entangling business at home.
Trump is attempting little less than a revolution in the global economy by reasserting American economic independence no matter the risks or pain.
He sees trade deficits as inherently bad — and America’s deficit in goods traded with the world totaled $1.2 trillion last year.
When Americans buy foreign products, some of the dollars they spend cycle back home, as foreigners use the currency
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