CEDAR RAPIDS — Former President Donald Trump promised Saturday to launch “a revival of economic nationalism” focused on protectionist trade policies if he retakes the White House, with “the great state of Iowa at the center of the action.”
Trump campaigned before a crowd of more than 2,000 in downtown Cedar Rapids, touting his trade and farm policies, protecting American jobs and undoing Democratic President Joe Biden’s immigration policies and electric vehicle incentives.
The Republican presidential candidate spoke earlier in the day at a “commit to caucus” event in Waterloo.
Trump, as he often does in Iowa, highlighted the $28 billion in federal aid to farmers he approved as president to offset losses they experienced while his administration renegotiated international trade agreements and imposed new tariffs with China.
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If elected, Trump said he would impose an across-the-board tariff on foreign-made goods and a Reciprocal Trade Act, placing the same tariffs for a foreign country that they place on the United States. He also pledged to revoke China’s “most favored nation” trade status.
“We’re ready to take our America First economic program to even greater heights,” Trump said. “When I’m elected, we will have tax cuts, regulation cuts, energy price cuts and interest rate cuts like you’ve never seen before.”
The former president also railed against electric vehicles of all kinds, including boats and farm vehicles, saying he would prefer to die by electrocution rather than be eaten by a shark if he ever found himself on a rapidly sinking, electrically powered boat.
Trump claimed “ethanol is dead” under Biden’s policies, which…
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