It’s “Liberation Day!” The day that President Donald Trump has decided to lay out more detailed tariff policies on foreign goods. Trump’s end goal appears to be to liberate the United States from its dependence on those foreign goods—you think you know how much, but you would be amazed how certain industries would collapse if China and other countries stopped manufacturing and importing goods to the U.S. But Trump’s strategy appears to be two-pronged: he is also forging a path forward for the revival of America as a manufacturing powerhouse and the increased sale of American goods. Our media industry is on pins and needs to find out more about these plans, so we shall see what transpires in the Wednesday afternoon Oval Office meeting.
As opposed to the warnings, wailings, and weeping and gnashing of teeth from the globalists and experts that Trump’s tariffs will spin us into an unwinnable trade war that will raise costs of goods and services, and drive America more deeply into inflation and a recession, one American textile company is excited at the potential to lead and dominate their market. Mark Yeager, co-founder of Red Land Cotton in Northern Alabama, spent Tuesday with Fox News “America Reports.” Yeager is a unicorn in his industry: a textile company that is wholly owned and operated in the United States, and he expressed his favorable view on President Donald Trump’s proposed tariff policies. This 2016 newsletter outlined some of Yeager’s business journey.
Northwestern Alabama cotton farmer Mark Yeager knows all about turning lemons into lemonade—and making a living in a challenging cotton market beset by declining prices and escalating operating expenses. From 1987 to 2012, the number of cotton farms in Alabama declined from 1,820 to 925, according to USDA Census of Agriculture data.
Many of Yeager’s peers have exited the market for greener pastures, but Yeager has relied on innovation and an entrepreneurial spirit to continue his passion for cotton farming. In 1994, he built his own cotton gin. “I wanted control of my crop and mill my own cottonseed,” says Yeager[.]
Why shouldn’t our tariffs on imports to other countries equal their tariffs on our exports? Trump is actually giving most countries a break and set the tariffs at only 1% more than half of what they are charging us. We must begin standing up against being taken advantage of from other countries. Manufacturing must to be brought back to America for our economy to thrive. Plus we should not let other countries hold us hostage over products we need that can be produced right here. It’s now or never. I stand 100% with Trump.