One of the first things that the steel executives and labor leaders told me when I came into the room to meet with them was that they don't want to build a wall around our country. They don't want import quotas. They don't want high tariffs, because that hurts the trade on which our Nation relies so heavily. But they want to stop the dumping procedures that have been in place for steel this year and in years past where producers of steel in other nations, in Europe and Japan, for instance, sell on our market against the law, I might say--steel at a price below what it costs them to produce it. And we can stay competitive with other nations if they comply with our law. So, that's one thing that I can promise that we will do, is enforce the antidumping laws, cut down on the illegal competition from overseas, continue the impacted area or industry programs that will keep you at least on your feet until we can get you another job, and with our public works programs, which I'll discuss later after some other questions, with our housing programs that we're keeping going, and also with our new tax reform measures that will be forthcoming next year that will stimulate the economy, I believe we have a good chance, Mr. Hall, to put you back to work. I'll do my best on this subject. And every time I consider a measure that might relieve the unemployment question, you're one of those people that I'll be thinking about.
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Today, I would like to provide the American people with an update on the White House transition and our policy plans for the first 100 days. Our transition team is working very smoothly, efficiently, and effectively. Truly great and talented men and women, patriots indeed are being brought in and many will soon be a part of our government, helping us to Make America Great Again. My agenda will be based on a simple core principle: putting America First. Whether it's producing steel, building cars, or curing disease, I want the next generation of production and innovation to happen right here, in our great homeland: America – creating wealth and jobs for American workers. As part of this plan, I've asked my transition team to develop a list of executive actions we can take on day one to restore our laws and bring back our jobs. It's about time. These include the following: On trade, I am going to issue our notification of intent to withdraw from the Trans-Pacific Partnership, a potential disaster for our country. Instead, we will negotiate fair, bilateral trade deals that bring jobs and industry back onto American shores. On energy, I will cancel job-killing restrictions on the production of American energy – including shale energy and clean coal – creating many millions of high-paying jobs. That's what we want, that's what we've been waiting for. On regulation, I will formulate a rule which says that for every one new regulation, two old regulations must be eliminated, it's so important. On national security, I will ask the Department of Defense and the Chairman of the Joint Chiefs of Staff to develop a comprehensive plan to protect America's vital infrastructure from cyber-attacks, and all other form of attacks. On immigration, I will direct the Department of Labor to investigate all abuses of visa programs that undercut the American worker. On ethics reform, as part of our plan to Drain the Swamp, we will impose a five-year ban on executive officials becoming lobbyists after they leave the Administration – and a lifetime ban on executive officials lobbying on behalf of a foreign government. These are just a few of the steps we will take to reform Washington and rebuild our middle class. I will provide more updates in the coming days, as we work together to Make America Great Again for everyone.
Our jobs are fleeing the country. They're going to Mexico. They're going to many other countries. You look at what China is doing to our country in terms of making our product. They're devaluing their currency, and there's nobody in our government to fight them. And we have a very good fight. And we have a winning fight. Because they're using our country as a piggy bank to rebuild China, and many other countries are doing the same thing. ... We have to stop our jobs from being stolen from us. We have to stop our companies from leaving the United States and, with it, firing all of their people. ... We cannot let it happen. Under my plan, I'll be reducing taxes tremendously, from 35 percent to 15 percent for companies, small and big businesses. That's going to be a job creator like we haven't seen since Ronald Reagan. It's going to be a beautiful thing to watch. Companies will come. They will build. They will expand. New companies will start. And I look very, very much forward to doing it. We have to renegotiate our trade deals, and we have to stop these countries from stealing our companies and our jobs.
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We're also going to have to change our trade, immigration and economic policies to make our economy strong again. And to put Americans first again. This will ensure that our own workers, right here in America, get the jobs and higher pay that will grow our tax revenues, increase our economic might as a nation.
Put down all banks, admit none but a metallic circulation that will take its proper level with the like circulation in other countries, and then our manufacturers may work in fair competition with those of other countries, and the import duties which the government may lay for the purposes of revenue will so far place them above equal competition.
We do have to do more infrastructure spending. That will put many Americans to work. It’s a good job that gets you on the ladder to the middle class. We need to improve the conditions for manufacturing in our country and punish those companies that want to export jobs. We need them to be incentivized to create jobs right here in America.
I will stop any trade deal that kills jobs or holds down wages – including the . I oppose it now, I’ll oppose it after the election, and I’ll oppose it as President. ... I will stand up to China and anyone else who tries to take advantage of American workers and companies. And I’m going to ramp up enforcement by appointing, for the first time, a chief trade prosecutor, I will triple the number of enforcement officers, and when countries break the rules, we won't hesitate to impose targeted tariffs.
The first thing you do is don't let the jobs leave. The companies are leaving. I could name, I mean, there are thousands of them. They're leaving, and they're leaving in bigger numbers than ever. And what you do is you say, fine, you want to go to Mexico or some other country, good luck. We wish you a lot of luck. But if you think you're going to make your air conditioners or your cars or your cookies or whatever you make and bring them into our country without a tax, you're wrong. And once you say you're going to have to tax them coming in, and our politicians never do this, because they have special interests and the special interests want those companies to leave, because in many cases, they own the companies. So what I'm saying is, we can stop them from leaving. We have to stop them from leaving. And that's a big, big factor.
As regards foreign investment, I said we have our own priorities and cannot open up so others can exploit us...Cutting red tape is one aspect of liberalisation, inviting all multinationals across the world is another thing. What I aimed at was a model of more internal competition, but resisting foreign capital.
I must tell you that the government over which I have the honour of presiding never has had, never can and never will have the intentions of following a so-called anti-labour policy. On the contrary, I want to praise the working classes, who do not put obstacles in the way of the Government, who work, and who have practically abolished strikes. They have redeemed themselves, because they no longer believe in the Asiatic Utopia which came from Russia; they believe in themselves, in their work; they believe in the possibility, which for me is a certainty, of a prosperous Italian nation.
I have... instituted systematic, voluntary measures of cooperation with the business institutions and with State and municipal authorities to make certain that fundamental businesses of the country shall continue as usual, that wages and therefore consuming power shall not be reduced, and that a special effort shall be made to expand construction work in order to assist in equalizing other deficits in employment... I am convinced that through these measures we have reestablished confidence. Wages should remain stable. A very large degree of industrial unemployment and suffering which would otherwise have occurred has been prevented. Agricultural prices have reflected the returning confidence. The measures taken must be vigorously pursued until normal conditions are restored.
Unfortunately, despite calls from progressives like Sanders and AOC, the U.S. government has so far done little to address the problem of layoffs and unemployment; and even limited proposals, such as universal paid and emergency cash payments, have been met with obstruction by Republicans and Democrats. While such government measures are important and necessary, they are clearly not enough. Confronting this crisis ultimately means confronting capitalism, and that means directly resisting these layoffs, since layoffs are always the first weapon used against working people in moments of . es and corporations that have benefited from years of economic growth (not to mention the massive of workers’ labor) owe employees and their families a huge debt and it’s time to pay up. In order to make this happen, working people must organize for and demand: 1. An immediate ban on all layoffs. 2. Full wages for all employees, whether they are working during the crisis or not. And 3. A redistribution of working hours among currently unemployed workers (including undocumented and s) so that no one is denied the essential right to employment.
Americans who have lost their jobs need our help and I support extending unemployment benefits and direct assistance for health care coverage. Yet, American workers want more than unemployment checks — they want a steady paycheck. When America works, America prospers, so my economic security plan can be summed up in one word: jobs.
Many of today's trading relationships actually make America more globally competitive. . . . Raising tariffs among the United States, Canada and Mexico will only weaken a well-oiled manufacturing machine that is driven by the high level of integration the three economies have in their supply chains. This integration makes the region as a whole more competitive vis-à-vis the world.
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