Trump Tax Cuts, Tariffs Will Rebuild American Industry, Strengthen Dollar (Carney / Kudlow)

BREITBART

Breitbart News economics editor John Carney said Wednesday on Fox Business Network’s “Kudlow” that former President Donald Trump’s proposed tariffs and tax cuts would rebuild industry in the United States and strengthen the dollar globally.

Carney said, “What Donald Trump is saying is that we had set up an economic system that was basically paying companies to ship jobs overseas. He’s saying, let’s put an end to that. We will have tremendous tax breaks if you do your manufacturing here in the U.S. That makes a lot of sense. Look, the rest of the world actually already follows this policy. They give you breaks if you manufacture in their country. He’s saying no more of this one-sided trade. We are going to make sure that Americans can get jobs for American companies by giving them the right regulatory environment, the right energy policy, and the right tax policy.”

Carney added, “People will see it makes sense to pour money into US manufacturing. Because the after-tax rewards will be so great it will be irresistible. We are going to be a magnet for global capital as we rebuild manufacturing in the U.S.”

(ORGINAL ARTICLE HERE…

Header featured image (edited) credit: Trump/Carolyn Kaster/AP. Emphasis added to article by (TLB)

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