Trump's $5 trillion win propaganda video: Tariffs boost US trade and investment?
According to a White House announcement on Wednesday, President Donald Trump has secured nearly $5 trillion in investments and trade commitments from around the world. This announcement was accompanied by a video with a strongly propagandist tone praising the new administration's actions regarding the imposed tariffs.
Donald Trump declared April 2, the day tariffs on cars imported to the USA were announced, a "day of liberation" for Americans. His speech on this matter was scheduled for 4 PM Eastern Time. Earlier on Wednesday, a video appeared on Trump's and the White House's social media accounts commending the direction taken by the new administration.
The short film features selected headlines from the press, online articles, and television program intros, positively portraying the Trump administration's actions. The video concludes with Trump's famous slogan, "America first."
White House: Tariffs are an effective tool of US policy
The White House reports on its official website that "tariffs as a tool of US economic policy have proven effective, as confirmed by President Donald Trump's first term."
This decision, despite criticism from politicians and the media, brought the expected results. Studies have repeatedly confirmed that tariffs are an effective tool for achieving economic and strategic goals, said the White House in a statement from April 2.
Furthermore, the White House emphasizes that "thanks to tariffs, American workers and companies have gained better competitive conditions in the international market." It also referred to the 2023 report by the US International Trade Commission, which analyzed the effects of tariffs from Trump's first presidency on importing goods worth over $300 billion to the USA. The White House stresses that the study revealed tariffs limited imports from China, effectively stimulated production in the USA, and had a minimal impact on prices at the final stage of the supply chain.
