In the near future, made in America, they may soon see internal production protection and even increase the lower line to reaction to President Donald Trump’s tariff decisions.
“I think it can help and what will we lose?” Red Land Cotton founder Mark Geager told Fox Business “Lydia Hu on Tuesday.” I think the cotton industry is backed up by state subsidies, and that’s all that supports the cotton business in America. ”
“If we have our own textile industry, we can use it and create value … I mean how we can send it all over the world? And you think we can be competitive,” he continued.
On Wednesday, President Trump intends to mark “Liberation Day” of the country, If mutual tariffs for higher trading partners come into force.
Firms on Wall -Rate see that the risk of recession increases over tariffs, trading war
“Liberation Day, I call it the day of liberation in America,” Trump from the White House said last week, looking at April 2.
Enterprises that use the “Made in America” model express some optimism around President Donald Trump’s tariffs. (Getti Image)
There will be 25% of the steel import tariff and aluminum; 25% of tariffs on all imported cars in the US; 25% of Canada and Mexico goods tariffs; and 20% on the house tariffs in China.
While economists and some political persons skeptical of tariffs And their influence on consumer prices, Yeager – who has worked on the ordering of his supply chain in the last decade – believe that tariffs provide additional investments in American production.
Fox Business’ Lauren Simonetti reports how one American business owner will take advantage of President Donald Trump tariff.
“I have grown cotton all my life and I tried to find a way to add value to what I grow. And I have love for Americana, so I was such a life,” said the huntsman.
“So, it just seemed natural that it was the next thing I could do with my cotton.”
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EU Ambassador Jovita Neliapsheen prevents a trade war with the US, will harm consumers, working and small business long before it affects the corporation or government
According to the US Department of Agriculture, the number of cotton bales that are ground at the national level decreased from 11.2 million in 1941 to 1.7 million in 2024. Since 1990, more than 80%decreased in the US in the textile industry.
The 11th week of Trump as a pace of executive orders and actions since January 20. Trump has signed at least 108 Executive Orders Alone, which exceeds the number of executive orders signed by its predecessors in the relevant years of work after the Carter administration.
Fox News’ Emma Colton has contributed to this report.
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2025-04-01 16:00:00
