Letters on Trump’s Tariff Suspension
The Situation: President Trump’s suspension of larger tariffs on several countries for a period of 90 days following market turmoil.
As President Trump remarked: “Someone had to take charge” (“ ‘Yippy’ . . . to yippee!” April 10).
This suspension, prompted by outreach from various nations seeking dialogue, demonstrates the effectiveness of his strategy.
When we agreed to the World Trade Organization’s global economic model, I doubt we anticipated the closure of tens of thousands of plants and the outsourcing of jobs.
This is a constructive approach to correcting long-standing trade imbalances.
Trump’s strategy offers numerous advantages, such as curbing the exploitation of low-cost labor and providing an opportunity to revitalize our middle class through manufacturing jobs.
Coming from a middle-class background, I’ve witnessed my father’s careers in automotive and plant management evaporate as jobs moved overseas.
The moment for change is now!
Greg Raleigh
Washington, DC
Trump once again shows his mastery in negotiation.
Many believed the tariffs would lead to financial ruin for our nation, yet he paused the larger tariffs on numerous countries for three months.
Under President Trump’s directive, we saw the stock market bounce back.
Who could have predicted that?
Well, Trump did.
He demonstrated an astute understanding of the situation, and his tariffs indeed benefited the nation.
We are fortunate to have Trump as our leader.
I say, well done, Trump.
Frederick Bedell, Jr.
Bellerose
When Trump shifts from “My policies will never change” to “Flexibility is necessary” within a week, does that draw parallels to the (fictional!) government in George Orwell’s “1984” proclaiming “War is peace,” “Freedom is slavery,” and “Ignorance is strength”?
Or does it render him what Elon Musk might call a “moron”?
Richard Siegelman
Plainview
On Tuesday, the stock market surged — but was quickly interrupted when Trump announced a 100% tariff on China (who knows how high the tariffs will be by the time this is published).
Somebody needs to rein him in.
I have been a staunch Trump supporter, but he needs to tone it down.
Walter Wayne
Morris Plains, NJ
Every time Trump mentions “tariffs,” the stock market plummets. Conversely, when he pauses tariffs, stock values rise.
We must ensure that the president’s family, Cabinet members, appointees, and Congress members do not benefit from insider trading.
Why not mandate greater transparency regarding their stock market investments throughout Trump’s presidency?
We need stricter laws to eliminate any hint of insider trading.
Trump has the potential to enrich his inner circle through his decisions.
Could the president’s unpredictable actions be viewed as stock market manipulation to benefit his friends?
Paul Feiner
Greenburgh
Glenn Reynolds mentions that tariffs might encourage manufacturing (“Trump’s economic shake-up is a shock to the system — that could pay off big,” April 7).
However, tariffs also increase costs for the raw materials manufacturers need, hindering their growth.
Previous tariffs on steel and aluminum led to a loss of 75,000 jobs in related industries, while only creating 1,000 jobs in the U.S. steel sector.
Hans Bader
Arlington, Va.
Trump appears to overlook John Nash’s game theory, for which he was awarded the Nobel Prize in economics.
America’s prosperity relies not only on our actions but also on the actions of our trading partners. Unilateral policies will not benefit the people; they will undermine them.
Karl Olsen
Watervliet
One of the central themes of Trump’s 2024 campaign was the increase in tariffs.
This is what 77 million Americans endorsed.
Bob Sweeney
Warwick, RI
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