Now Trump is targeting Toyota: President-elect says auto company must ditch plans to build a plant in Mexico or pay a 'big border tax'Friends, President Reagan's third term has begun.
Without having to deal with the drunken Tip O'Neill or the slimy Jim Wright as House speakers.
Without having to do press conferences in order to speak to the people directly.
And without having to deal with the Soviet Union.
To be sure, Barack Obama left a bigger mess to clean up than Jimmy Carter did, but President Trump has the wind at his back as he enters the White House. People have seen NAFTA and free trade with China for what they are: Trojan horses,
President Trump's promise to slap a 35 percent tariff on cars made in Mexico stopped Ford from building a factory in Mexico. Instead, Ford decided to retrofit and modernize a plant in Michigan, a $700 million investment that should guarantee those jobs for a generation. That also means suppliers will hang around.
He warned GM on Tuesday, Toyota on Thursday.
However, Speaker Paul Ryan plans to be Trump's Tip O'Neill.
From the Daily Mail:
House Speaker Paul Ryan said Wednesday that Congress would not be raising taxes on companies that ship jobs over border and sell their products in the United States, however.
Ryan said congressional Republicans would not rubber stamp the president-elect's trade agenda and raise tariffs, as he's repeatedly promised.
'No, we're not going to be raising tariffs,' Ryan told conservative radio host Hugh Hewitt.
The GOP leader, who's clashed with Donald Trump on Russia, taxes, immigration and entitlement reform, said his caucus does not believe higher tariffs are the solution to economic disparities.
'We think tax reform is the better way of addressing imbalances, leveling the playing field without starting trade wars...without having the adverse effects that you get with protectionism or trade wars,' Ryan asserted.That's a nice thought -- a thought so airy that it might have been published by one of those tax-exempt think tanks. Protectionism was a Republican Party policy from Lincoln to Reagan. We can win a trade war, and have.
Besides, the tariffs may not need congressional approval.
But are Republicans in the House really anxious to burn their president? Do the people in Janesville, Wisconsin -- a town Ryan represents but has only lived in for one of the past 28 years -- really happy with the export of auto jobs? After all, GM shut down its plant there on April 23, 2009.
How much does Wal-Mart pay again?
Reagan used quotas and tariffs to protect America's car industry and Harley-Davidson. That's why foreign car companies started building cars in the United States.
Do not let the globalists hold President Reagan's real policies hostage to revisionist history.
President Trump can rebuild the military, put up a wall, finish tax reform, dump Obamacare, and make free trade work for the American people.
Please read "Trump the Press," in which I skewer media experts who wrongly predicted Trump would lose the Republican nomination. "Trump the Press" is available as a paperback, and on Kindle.
It covers the nomination process only. The general election will be covered in a sequel.
For an autographed copy, email me at DonSurber@GMail.com
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