• Home
  • Shop
  • World News
  • Tech
  • Culture
Friday, July 4, 2025
The Daily Funnel
  • Home
  • Shop
  • World News
  • Tech
  • Culture
No Result
View All Result
The Daily Funnel
No Result
View All Result
Home News Politics

Exclusive — JD Vance on ‘Liberation Day’ Tariffs: ‘First Time’ in Decades ‘We Have an American President Saying No More’ to U.S. Being World’s ‘Piggy Bank’

April 3, 2025
in Politics
Reading Time: 3 mins read
0
Exclusive — JD Vance on ‘Liberation Day’ Tariffs: ‘First Time’ in Decades ‘We Have an American President Saying No More’ to U.S. Being World’s ‘Piggy Bank’

Stephen Maturen/Getty Images

307.9k
VIEWS

In a bold move to reshape America’s economic landscape, President Donald Trump announced a series of sweeping tariffs on April 2, 2025, during a “Make America Wealthy Again” event in the White House Rose Garden. Dubbed “Liberation Day,” this initiative aims to end decades of what the administration describes as unfair trade practices that have disadvantaged American workers and industries. ​

Vice President JD Vance, in an exclusive interview with Breitbart News, emphasized the significance of this policy shift. “For 40 years, America has been the piggy bank of the world,” Vance stated. “We absorb all of the ridiculous trade practices and economic practices of friend and foe alike. For the first time in probably 40 years, we have an American president who’s saying, ‘No more.'” ​

The newly announced tariffs introduce a baseline 10% duty on nearly all imports, with higher “reciprocal” tariffs targeting countries that have imposed substantial tariffs on U.S. goods. Notable rates include 34% on Chinese imports, 20% on European Union countries, and 24% on Japanese goods. These measures are designed to level the playing field and encourage foreign nations to reconsider their trade barriers against American products.

Critics of the tariff strategy, including some proponents of globalization and “free trade,” argue that such measures could lead to increased consumer prices and strained international relations. However, Vance countered these concerns by highlighting the longstanding imbalances in global trade. He pointed out the inconsistency of critics who remain silent when other countries impose tariffs on U.S. goods but vocalize opposition when the U.S. responds in kind. “If tariffs are so terrible, then isn’t them raising their tariffs good for us?” Vance questioned. “These people always say that any tariffs are bad. Well, all these other countries have applied tariffs to the United States and non-tariff barriers to the United States for a generation.” ​

Beyond addressing trade imbalances, the administration views these tariffs as instruments to bolster national security. By encouraging domestic production, especially in critical industries like pharmaceuticals and defense, the U.S. aims to reduce dependence on foreign suppliers. Vance articulated this perspective, stating, “Economic security is connected to national security because, if God forbid, we had to go to war, we want our troops to go to war with the best equipment and equipment that’s made in the United States of America.” ​

President Trump has extended an invitation to foreign leaders seeking exemptions from these tariffs to eliminate their own trade barriers and consider manufacturing within the United States. This approach underscores the administration’s commitment to fostering fair and balanced trade relationships. “Terminate your own tariffs. Drop your barriers,” Trump asserted, encapsulating the straightforward proposition to America’s trading partners.

The “Liberation Day” tariffs represent a pivotal shift in U.S. trade policy, aiming to rectify long-standing inequities and prioritize American economic interests. While debates continue regarding the potential impacts of these measures, the administration remains steadfast in its belief that reclaiming economic sovereignty is essential for the nation’s prosperity and security.​

Previous Post

Susan Crawford Projected Winner of Wisconsin Supreme Court Election, Keeping Court’s Liberal Majority

Next Post

Senate Passes Resolution Terminating Tariffs Against Canada

Next Post
Senate Passes Resolution Terminating Tariffs Against Canada

Senate Passes Resolution Terminating Tariffs Against Canada

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
Report: Government Bureaucrats Tried to Stop Trump from Canceling Illegal Aliens’ Social Security Benefits

Report: Government Bureaucrats Tried to Stop Trump from Canceling Illegal Aliens’ Social Security Benefits

April 15, 2025
Report: Firefighters Shot While Responding to Idaho Brushfire

Report: Firefighters Shot While Responding to Idaho Brushfire

June 30, 2025
Hot Mic: Rep. Dan Crenshaw Says He Would ‘Kill’ Tucker Carlson

Hot Mic: Rep. Dan Crenshaw Says He Would ‘Kill’ Tucker Carlson

February 26, 2025
Massachusetts Police: Councilwoman Incites Mob, Assaults Officers to Stop Arrest of Violent Illegal Alien

Massachusetts Police: Councilwoman Incites Mob, Assaults Officers to Stop Arrest of Violent Illegal Alien

May 12, 2025
Farewell for Now to Earth’s “Mini Moon”

Farewell for Now to Earth’s “Mini Moon”

350
Alex Marlow: Trump Proves Self-Deportation Works When You Stop Subsidizing Illegal Immigration

Alex Marlow: Trump Proves Self-Deportation Works When You Stop Subsidizing Illegal Immigration

80
Kinzinger on Trump Declaring J6 Pardons Void: I’ll ‘Crush You in Court’

Kinzinger on Trump Declaring J6 Pardons Void: I’ll ‘Crush You in Court’

28
Two Historic Military Forts Set to Be Auctioned and Transformed Into Luxury Hotels

Two Historic Military Forts Set to Be Auctioned and Transformed Into Luxury Hotels

21
Rep. Andy Ogles: Trump Deserves Third Term, Place on Mt. Rushmore After BBB Success

Rep. Andy Ogles: Trump Deserves Third Term, Place on Mt. Rushmore After BBB Success

July 4, 2025
Legacy Unlocked: Trump’s Big, Beautiful Bill Clears Final House Hurdle En Route to White House

Legacy Unlocked: Trump’s Big, Beautiful Bill Clears Final House Hurdle En Route to White House

July 4, 2025
The Autopen Speaks: Biden Comes Out of Retirement to Bash Trump’s Big, Beautiful Bill

The Autopen Speaks: Biden Comes Out of Retirement to Bash Trump’s Big, Beautiful Bill

July 4, 2025
Big, Beautiful Bill Stalls in House, Endangering Cornerstone of Trump’s Legislative Agenda

Big, Beautiful Bill Stalls in House, Endangering Cornerstone of Trump’s Legislative Agenda

July 3, 2025

Recent News

Rep. Andy Ogles: Trump Deserves Third Term, Place on Mt. Rushmore After BBB Success

Rep. Andy Ogles: Trump Deserves Third Term, Place on Mt. Rushmore After BBB Success

July 4, 2025
Legacy Unlocked: Trump’s Big, Beautiful Bill Clears Final House Hurdle En Route to White House

Legacy Unlocked: Trump’s Big, Beautiful Bill Clears Final House Hurdle En Route to White House

July 4, 2025
The Autopen Speaks: Biden Comes Out of Retirement to Bash Trump’s Big, Beautiful Bill

The Autopen Speaks: Biden Comes Out of Retirement to Bash Trump’s Big, Beautiful Bill

July 4, 2025
Big, Beautiful Bill Stalls in House, Endangering Cornerstone of Trump’s Legislative Agenda

Big, Beautiful Bill Stalls in House, Endangering Cornerstone of Trump’s Legislative Agenda

July 3, 2025
The Daily Funnel

Nourish your curiosity Daily! Receive the daily email that transforms staying updated into an enjoyable experience.
Stay informed and entertained, all for free.

Follow Us

Browse by Category

Latest Newsletter

Rep. Andy Ogles: Trump Deserves Third Term, Place on Mt. Rushmore After BBB Success

Rep. Andy Ogles: Trump Deserves Third Term, Place on Mt. Rushmore After BBB Success

July 4, 2025
Legacy Unlocked: Trump’s Big, Beautiful Bill Clears Final House Hurdle En Route to White House

Legacy Unlocked: Trump’s Big, Beautiful Bill Clears Final House Hurdle En Route to White House

July 4, 2025
  • Home
  • Shop
  • World News
  • Tech
  • Culture

© 2024 The Daily Funnel - All rights reserved thedailyfunnel.

No Result
View All Result
  • Home
  • Shop
  • World News
  • Tech
  • Culture

© 2024 The Daily Funnel - All rights reserved thedailyfunnel.