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‘Wall Street Wall Street’s monster’ Trump’s Tariffs defends the tariffs, fear fears



President Donald Trump’s latest tariff increase in basic trade partners attracted the criticism of business and political opposition. But there is no reason for the entrepreneur Jordan Belfort, who is known as Wallm Of Wall Street Wall Street Wall.

“Everyone’s benefit from us,” he argued about Belfort “Fox & Friends, “ As a result, the tariffs will eventually strengthen American production.

“I think I would be amended in the markets. I think that this is what these tariffs are for the long-term fundamental health of the economy?”

The stock market made a hit on Thursday The S & P is closing in 500 adjustment territory, Concerns continued on a potential trade war. Despite the market reaction, Trump remained patient by saying the White House journalists “usually will not bend.” When he asked if he would not reconsider the last round to take into force on April 2, he replied with the company “No”.

Trump’s plan includes a 25% tariff Çelik and aluminum imports, a proposed one 200% tariff About European Champagne and other alcohol products. The action led to a speedy voice from the US major trade partners, including Canada, China and the European Union. Canada has already revenge on its additional tariffs in the United States and should not be left behind the growing trade war.

Trump tariffs against Mexico can be higher in Canada in the future

The President described the tariffs to return the American economic power by saying that the country has lost wealth and production work for decades.

“We will get our wealth back and leave many companies who leave,” Trump said on Wednesday.

Belfort reflected this feeling that the restoration of internal production is critical for the long-term stability of the country.

“You can’t be a consumer nation,” he said.

The Canadian Commercial War announces $ 21b in New US Tariffs as the Growing War

“It’s like being in a sugar in a sugar for 50 years. You are bleeding from the country from the country at a time.”

Critics warn that the tariffs can damage more than good. Many economists claim that trade wages can be transferred to consumers and allies and slow global economic growth. Some work leaders are afraid of vengeance tariffs of other nations, especially in the industry, can damage American exports Agriculture and production.

Despite the uncertainty, Belfort remains optimistic.

“I think the only people who panic, probably know that everyone is trying to panic in CNBC,” he said.

“We lose trade deficit. And when the time passes, it causes mass problems in the United States. It is necessary to delete.”

Belfort said that Trump’s critics will oppose any policy trying to implement.

“Whatever he does, they will say they hate, ‘the worst thing in the world.’ … You just start ignoring it. It’s ok and completely nonsense, “he said.

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