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Trump issues executive order again! Tariffs will be implemented on 4/2, denuclearization, Musk continues to assist in downsizing
President Donald Trump of the United States reissued a series of executive orders this morning, covering major issues such as global trade, corporate investment, space rescue, and government organizational reform on 3/7.
Will impose equivalent tariffs on foreign trading partners, officially launched on April 2nd
Trump emphasized that the United States has been exploited by various countries in trade for a long time in the past. Therefore, starting on April 2, it will impose equivalent tariffs. For countries such as China, India, Canada, and others that impose high tariffs on the United States, the United States will reciprocate with the same tax rate.
He gave the example that Canada imposes a 250% tariff on US dairy products, while the US imposes almost no tariff on Canadian products. This unfair situation will be rectified. In addition, the US will relax restrictions on domestic timber harvesting and reduce its reliance on imported Canadian lumber.
France proposes European nuclear protection, Trump responds to global denuclearization
Regarding French President Macron's statement, France is willing to provide a 'nuclear umbrella' to other European countries. Trump stated that the U.S. and Russia had discussed denuclearization in the past, but it was interrupted due to the 'election theft event,' with Trump hinting at the 2020 presidential election. He reiterated that the ideal situation is global denuclearization to prevent nuclear war.
In addition, he also criticized (NATO) member countries for long-term 'underpayment,' stating that if countries do not pay their fair share for defense, the United States will not intervene to protect them.
Announced government organization streamlining plan, Musk continues to assist in laying off redundant employees
Trump stated that the US government is too bloated and employs many unnecessary public servants, wasting taxpayers' money. Therefore, he convened cabinet officials, representatives from companies like Musk, and requested that each department prioritize retaining capable employees and dismiss those who are unsuitable.
He also mentioned that there are many people in the United States who do not exist at all but still receive government subsidies. These loopholes will be investigated and it is expected to save billions of dollars.
Whether to abolish the Department of Education, Trump says let each state manage on its own
Trump revealed that he plans to dismantle the U.S. Department of Education and allow each state to manage school affairs on its own. He believes that the effectiveness of public education in the United States is low and that each state should formulate policies according to its own situation.
As for the issue of student loans, he stated that it will be transferred to the Ministry of Finance, Ministry of Commerce, or Small and Medium Enterprise Administration, because the Ministry of Education should not handle loan business.
Two American astronauts stranded on the International Space Station, authorized Musk to launch a rescue
Trump revealed that the Biden administration refused to deploy rescue missions due to embarrassment, resulting in two NASA astronauts being stranded at the International Space Station for 8 months.
He said that Musk has already prepared to send a spaceship to carry out the rescue mission, and is expected to launch the operation within two weeks. He joked that he hoped the two astronauts would "get along well", because they have been together in space for too long.
Global market turbulence, Trump says he is not worried about short-term impact
Recently, the stock market has experienced increased volatility. Trump believes that this is not related to his economic policies, but rather that 'globalists' are uneasy about the resurgence of the American economy. He emphasizes that the American economy will become stronger in the long term, with companies returning and the manufacturing industry being revitalized, so short-term market fluctuations are not worth worrying about.
(Trump signs strategic Bitcoin reserve order, not spending money to buy crypto reserves, BTC drops to 84K)
This article Trump once again issued an executive order! On April 2, equivalent tariffs will be imposed, denuclearization, Musk continues to assist in reducing the number of employees, first appeared on Chain News ABMedia.