As a weekly contributor to Newsmax, I'm always excited to highlight the bold, results-driven policies that are putting America first. This week let's look at President Donald Trump's most impressive achievements: his masterful trade deals.
Fresh off, sealing a landmark agreement with Japan and the European Union, Trump has now secured pacts with the UK, Vietnam, the Philippines, Indonesia, and even a partial deal with China. With ongoing negotiations involving other nations, it's clear that these efforts are delivering resounding successes.
The core objectives of Trump's tariff strategy were straightforward and strategic: generate substantial revenue, pry open foreign markets that had long shut out American products through unfair tariffs, quotas, and regulations, and incentivize manufacturing to return home. So far, the results speak for themselves.
Foreign companies have committed trillions in investments to expand U.S. manufacturing, fueling economic growth and creating hundreds of thousands of new jobs. This isn't just about numbers—it's about bolstering our national security by ramping up domestic production of critical goods like steel, copper, aluminum, and medical supplies. In a world where supply chains can be weaponized, this is a game-changer.
One of the standout wins is the eye-popping tariff revenue—over $100 billion already collected—with virtually no noticeable impact on everyday prices for Americans. That's the beauty of smart policy: it protects our wallets while making our competitors play fair. Take the agricultural sector, for instance.
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For years, U.S. farmers have been hamstrung by protectionist barriers abroad. Now, with these deals, they're gaining unprecedented access to global markets, setting the stage for a tremendous boost in exports and leading to prosperity.
The Japan and European Union deals, in particular, showcase Trump's negotiating genius. He employs a classic tactic: start with a high-stakes offer—say, 20% or 30% tariffs—that initially shocks the other side. They balk, thinking it's imaginable, but it forces them to the bargaining table. By the end, a reciprocal tariff of 15% feels like a reasonable compromise, which was Trump’s original goal.
Had Trump opened with that number, it might have been dismissed as too aggressive. Instead, this approach has unlocked massive concessions. Japan is not only agreeing to lower barriers on American cars, rice, and automobiles but they're also pledging a whopping $550 billion in U.S. investments. The President gets to direct where that money goes, ensuring it fuels projects that create jobs and strengthen our economy.
More importantly, all of the trade agreements include a provision to allow US producers to freely sell in those countries. Trump even got Japan and the European Union to agree to purchase hundreds of billions of dollars’ worth of US goods.
Looking ahead, Trump's team is pushing hard to meet an August 1 deadline for additional deals. Some countries are on the cusp of agreements, and while Trump might extend the timeline for a few, others could face steep tariffs if they drag their feet. Trump has already sent letters to nearly every nation, making it clear: no deal means high tariffs. For economies heavily reliant on U.S. sales, this is a powerful motivator.
The European Union, with its 27 member states and diverse needs, presents a tougher challenge—each country wants protections for their vulnerable industries. But Trump's persistence will pay off, addressing these specifics to forge a comprehensive pact.
When all is said and done, Trump's trade agenda will hit every mark. Continued tariff revenue will help shrink the government's annual deficit and could even chip away at the $36 trillion national debt. American businesses will finally compete on a level playing field worldwide, with U.S.-made cars gracing showrooms in Europe and Japan, and our highly efficient farmers exporting freely across the globe. Manufacturing will surge, ensuring that vital products are proudly "Made in America."
In short, Trump's trade policies aren't just working—they're a resounding triumph. This is the kind of bold leadership that restores American strength and prosperity. As always, stay tuned for more updates on how these wins are shaping a brighter future for us all.
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Michael Busler is a public policy analyst and a professor of finance at Stockton University in Galloway, New Jersey, where he teaches undergraduate and graduate courses in finance and economics. He has written op-ed columns in major newspapers for more than 35 years.
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