The policy pushes toward restoring U.S. industry\u2014steel, autos, manufacturing, and tech\u2014by penalizing foreign-made goods and reducing reliance on market speculation and financial arbitrage.<\/strong><\/p>\n Significance<\/span>: If successful, this policy will:<\/strong><\/p>\n Reshore U.S. production jobs<\/a>;<\/strong><\/p>\n<\/li>\n Encourage foreign direct investment into real industry;<\/strong><\/p>\n<\/li>\n Lower long-term interest rates<\/a> to reduce debt costs;<\/strong><\/p>\n<\/li>\n Shift the economy<\/a> from financial engineering back to tangible production;<\/strong><\/p>\n<\/li>\n Realign the value of the U.S. dollar to support exports.<\/strong><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n …One of the more important secondary policy goals that the Trump White House likely hopes to achieve is a reduction in the 10-year Treasury Bond yield. While most people focus on the Federal Reserve Bank and its interest rate<\/a> policy, the yield of long-term government<\/a> bonds impacts interest rates on types of debt held for longer durations, including mortgages, credit cards, and, most importantly, government debt<\/a>.<\/strong><\/p>\n The tariffs are anticipated to push the 10-Year Treasury Bond yield lower, meaning the cost of the federal government\u2019s payments servicing the national debt will be reduced. Notably, the inflationary cycle that set in under the Biden government\u2014and was exacerbated by former President Joe Biden\u2019s reckless spending policies\u2014caused the cost to service the debt to increase dramatically and made it difficult for the government to take on any new debt.<\/strong><\/p>\n The article concludes:<\/p>\n Conversely, after the tariff effects have subsided in the long term, the Trump White House economic team is likely to pursue policies aimed at weakening the dollar\u2019s value to reduce America\u2019s trade deficit. According to a theory proposed<\/a> by President Trump\u2019s chief economic advisor, Stephen Miran, weakening the dollar will discourage foreign governments through their central banks from moving assets into the United States. Miran argues this would reduce haven demand, where foreign governments move assets into stable economies to avoid domestic volatility. He contends this causes the dollar to be overvalued and subsequently increases America\u2019s trade deficit.<\/strong><\/p>\n President Trump ran on a platform pledging<\/a> to transform the United States economy and put American workers first. The tariffs announced on April 2 are a significant step in fulfilling that promise, though the road to achieving an America-First economy still has many obstacles ahead.<\/strong><\/p>\n Please follow the link to read the entire article. There is a lot more to putting tariffs in place than is generally being reported.<\/p>\n","protected":false},"excerpt":{"rendered":" President Trump’s tariffs are about leveling the playing field with the goal of bringing manufacturing back to America. If corporate taxes are low, energy inexpensive and reliable, and the workforce available, that is quite likely to happen. However, there are … Continue reading \n
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Buried Lede<\/span>: Trump\u2019s true economic revolution isn\u2019t just tariffs\u2014it\u2019s a bid to de-financialize the U.S. economy, cut Wall Street\u2019s grip, and refocus on real industrial growth. The bond market, not the trade deficit<\/a>, may be the real target.<\/strong><\/p>\n