
News Link • Ron Paul Says...
Liberation or Obliteration?
• Ron Paul Institute - Ron PaulSadly, President Trump has adopted a tariff policy that will raise prices and abandoned his "America First" foreign policy in favor of a return to Bush-era neoconservatism.
Despite criticizing President Biden for bombing Yemen, President Trump has authorized bombing that country under the false pretense that Yemen's Houthis are threatening international shipping. President Trump has also threatened to bomb Iran. A false justification for this threat is that Iran is controlling the Houthis. If President Trump follows through on this threat against Iran, it could lead to another "forever war." He has also continued US support for Israel and Ukraine's wars.
President Trump started a trade war by imposing a ten percent universal tariff on imported products and other tariff expansions. Chinese imports will face a tariff of 54 percent, while goods imported from the European Union will "only" be assessed a 20 percent tariff.
The day following President Trump's tariffs announcement, US stocks lost 3.1 trillion dollars in value, while the dollar fell to its weakest level since October.