Economic Policies

Donald TrumpHe’s a major league protectionist who hates free trade–and he has no understanding of the law of comparative advantage.

The Raleigh News Observer reports on a stop Trump made in that city, only a few days before Trump  is likely to make an official announcement that he is going to seek the presidency:

Addressing criticism that he lacks the political experience to be president, Trump said he’d be strong on foreign policy.

“I’ve made a lot of money beating China and other countries,” he said. “I only have experience beating other countries. Is that good experience?”

Trump offered an alternative plan for the international trade negotiations under way. He said Ford and other companies looking to move manufacturing to Mexico or overseas should face a 35 percent tax when they ship the goods back to the U.S.

That would bring the plants back home, he argued. “That’s what’s going to happen, and there are hundreds, thousands of those deals,” he said. “I will make this country so rich – if I run on the 16th – just you watch.”

In New York City, the Trump signature is synonymous with the most prestigious of addresses, among them the world-renowned Fifth Avenue skyscraper, Trump Tower, the Trump International Hotel & Tower, Trump World Tower at the United Nations Plaza, 40 Wall Street, and Trump Park Avenue. His portfolio includes the historic Mar-a-Lago Club in Palm Beach, Florida and his ever expanding collection of award-winning golf courses (seventeen thus far) which span the U.S from Los Angeles to New York, New Jersey, Washington, D.C., and Florida, and internationally from Scotland and Ireland to Dubai. He recently added the iconic golf resorts of Turnberry, Scotland, and Doonbeg, Ireland, to his portfolio and Trump National Golf Club Washington, DC, has been highly acclaimed. The Trump Hotel Collection has grown to include properties in Chicago, Las Vegas, Waikiki, Panama and Toronto in addition to Trump SoHo/New York and the acclaimed Trump International Hotel & Tower on Central Park West which once again won the coveted Mobil Five-Star Award as well as the Five Star Diamond Award from the American Academy of Hospitality Sciences. The Trump International Hotel & Tower Chicago was awarded the #1 Hotel in the US and Canada by Travel & Leisure Magazine. Recent acquisitions include the iconic Doral Hotel & Country Club (800 acres) in Miami, and the historic Old Post Office Building in Washington, D.C. which is being developed into a world class luxury hotel. Seen as a generational asset by the Trump family, the redevelopment plan will infuse the building with new life. Groundbreaking was in July of 2014.

Source: DonaldJTrump.com

  • Kelly Hawkins

    I came to this page expecting to find Trump’s economic policy for the nation. All I found was more of the same Bullshit.

    • There is not much on Trump provided information on his economic policies but take a look at this revision and see if you agree:
      http://donaldtrumppolicies.com/donald-trump-policies/economic/

      • Laurie Thornberry

        I tried to access the link you provided and it goes to a page that hasn’t been launched yet? Trying to find out more information before vote tomorrow!!

  • Kelly Hawkins

    We need to eliminate the privately owned federal reserve system which has bankrupted the nation with a debt based economy. Obviously the central banks will do everything in their power to prevent this, and their power has bought Congress and the mainstream media. Iceland did it. Remember the golden rule: “He who has the gold, makes the rules.” Who has the gold? China.

    • The Fed has been propping up artificial interest rates since Alan GreasePan was the chairman. They have contributed significantly to the raising of the national debt by financing the Chinese and others with the cooperation of Obama to wreck our economy. And what have the GOP done about it: NOTHING