Most people don’t really understand why Trump is putting a 25% tariff on Canada and Mexico and an additional 10% on China right now. He’s doing it to stop Communist China & BlackRock from working together to destroy America. The fake news isn't telling you this part. It’s important that everybody understands it. Please read it and share it.
BlackRock, the world’s largest hedge fund, pushes policies that enrich themselves and their Globalist clients depending on the bets they have made around the world. BlackRock is bigger than most countries.
For example, BlackRock invested in Communist China to win the AI revolution. However, as it turns out, they will not win AI - so BlackRock is scrambling to change direction and fix their mistakes.
BlackRock invested in Communist China to create materials for electric vehicles (EVs) and green energy (windmills and solar panels) - but as it turns out the consumer doesn't want EVs AND massive amounts of energy are required for AI and bitcoin mining (which windmills and solar panels can’t begin to provide) - so BlackRock is scrambling to change direction and keep their profits.
BlackRock also invested massively in Communist China to win in certain industries - like the auto industry. Three Chinese companies are in the process of moving their auto manufacturing plants to Mexico, specifically to make EVs for the American market. The reason they are moving manufacturing to Mexico is due to the USMCA free trade agreement. The USMCA is one of the world's largest free trade zones.
Right now, Chinese EVs made in Mexico would come into the U.S market tariff-free under Trump's USMCA trade agreement - unless he changes it.
If the CCP made the vehicles in Asia - they would be subject to tariffs if the products were sold into America. Because the CCP is now building plants in the USMCA - they will not. Products can be made in the US, Canada and Mexico tariff-free under the Trump trade agreement if they meet certain restrictions. China and BlackRock will make billions on this deal and destroy certain American industries UNLESS Trump stops them now.
When it comes to automobiles, to qualify for the USMCA, 75% of the parts must be made in North America and there are also minimum wage controls and environmental controls. However, Trump built in a "review" process to the USMCA that he can use to change the deal if he wants - particularly since the CCP is planning to use Mexico as a back door to enter the US automotive market.
Plus, Trump can hit China with additional tariffs on autos made in Mexico and shipped into the US based on national security concerns (and other legal machinations.) Section 232 of the Trade Expansion Act of 1962 grants the president broad power to use tariffs if products from the CCP are found to be a threat to U.S. national security.
As we saw in 2017-2020 under Trump - China, Asia and the EU also essentially DROPPED their export prices to retain access to the HUGE USA market and offset Trump's tariff costs. The US consumer market accounts for nearly 29% of global consumer spending - that’s HUGE - AND our enemies want access to our wallets.
In other words, our enemies must lower their prices before selling in the HUGE market of America - to remain competitive with higher tariffs. Or build plants in North America instead of abroad.
That’s why President Trump is specifically adding new tariffs to Canada, Mexico & China right now.
PRESIDENT TRUMP: “Anybody that’s against Tariffs, including the Fake News Wall Street Journal, and Hedge Funds, is only against them because these people or entities are controlled by China, or other foreign or domestic companies. Anybody that loves and believes in the United States of America is in favor of Tariffs. They should have never ended, in favor of the Income Tax System, in 1913. The response to Tariffs has been FANTASTIC!”
There are other reasons that President Trump will use tariffs in the future. Read on for more information on that…
