The Case for Tariffs

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Howard Lutnick is a conservative billionaire who is a fighter for free speech. He is a shareholder in Rumble, a free speech alternative to YouTube. Lutnick also wants to see businesses stay in Michigan. He is convinced that Donald Trump’s tariff plan is the way to go.

Can tariffs work? They will lock the door to sending US manufacturing to foreign countries. When Bill Clinton agreed to NAFTA, Michigan jobs went to Mexico. Howard Lutnick wants the damage reversed.

Tariffs create problems, but could they work and help bring back business to the USA or keep them from leaving?

It takes years to move businesses from countries to the United States.

Something has to give. We are on track to send all manufacturing abroad.

Lutnick is an American billionaire businessman who succeeded Bernard Gerald Cantor as the head of Cantor Fitzgerald. Lutnick is the chairman and CEO of Cantor Fitzgerald and BGC Partners. After losing 658 employees, including his brother, in the September 11 attacks, Lutnick survived the collapse of towers on the ground and has become known for his charity efforts through the Cantor Fitzgerald Relief Fund, which helps to aid families of the attacks and natural disasters.

As of September 2018, Lutnick owns 60% of Cantor Fitzgerald and has a net worth of “at least $1.5 billion.”

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Mark
7 months ago

This country, from its beginning, never taxed the working man until the 20th century. They ran the government without deficits by using tariffs on all goods that were sold by foreign entities and excise taxes. The creation of the IRS was the way to expand the Federal Government, by taxing the workers.

Anonymous
7 months ago

Think BREXIT….Mini Coopers are ‘manufactured’ in Europe….

Peter B. Prange
7 months ago

Review Trumps talk about tariffs recently in Chicago.
Trump takes te Hard Interviews Kamala wouldn’t
Full Interview – https://www.youtube.com/watch?v=cGgxTFYF844

Peter B. Prange
7 months ago

Ironic that the people of Michigan vote for for the Democrat Party that has economically gutted Michigan. It is getting harder and harder to proudly say, I am a Michigander.