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May 3, 2025 - Epoch Times
02:15
Steve Bannon: ‘This has been 50 years of rot’
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What President Trump looks at the United States is as a premium market.
And just like you would pay to get a skybox at a sporting event or pay a first row ticket for a concert, he's saying there's going to be a premium to get here, right?
And that's why reciprocity, he takes in the non-tariff barriers into that.
He's saying, by the way, but you can get out of that.
The way you can get out of that is that if you bring your manufacturing back to the United States and create high-value-added manufacturing jobs with massive capital investment, guess what?
You can get out of the tariffs.
Now, if you're going to continue on, there is going to be a tariff structure.
Right now, even at the minimum, the average tariffs in the United States have been 2%.
Right now, the basic lowest thing you get in the Trump game is 10. Which is a 500%.
I mean, it's amazing.
And a lot of these are going to be 20%, 25%.
So the revenues generated from that will be pretty extraordinary.
I happen to think that most people, most companies are going to opt to, which I think President Trump wants, investment here in the United States that returns us to a manufacturing superpower.
And because of that...
We get domestic tax revenues from corporations and from people making better wages and more people making good wages.
I mean, the gambit basically is that there's kind of nowhere else to go.
So you have to come here and either you do it in here or you pay the tariff.
It's the greatest consumer market in the world.
So you're going to have to, like President Trump says, he's holding the cards.
Now, will some things kind of slip out, etc.?
But look, this guy's a master negotiator.
Geopolitically or geostrategically and geoeconomics.
And people, you know, I was doing a town hall last night at the News Nation.
The guys are screaming, well, you know, when's it going to deter it?
I said, guys, this has been 50 years of rot, 50 years of selling out your country, 50 years of selling out your countrymen and selling out the workers and the middle class of this nation.
The guys, 100 days into it, he's only 28 days from Liberation Day.
It's going to take a while.
It's not going to take 10 years.
But this thing, directionally, I know Trump pretty well.
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