Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Rubio, in Europe, says US has to ‘reset the global order of trade’ and Trump is ‘absolutely right to do it’

by April 4, 2025
April 4, 2025

Secretary of State Marco Rubio vowed Friday that the U.S. has ‘to reset the global order of trade’ and that President Donald Trump is ‘absolutely right to do it.’ 

Rubio, speaking at NATO headquarters in Brussels, made the remark after taking issue with a reporter’s claim that world economies are ‘crashing’ in the wake of Trump’s ‘Liberation Day’ tariffs. 

‘We have to be a country to think we’re the largest consumer market in the world, and yet the only thing we export is services, and we need to stop that,’ Rubio said. ‘We need to get back to a time where we are a country that can make things, and to do that, we have to reset the global order of trade.’ 

‘So the president rightly has concluded that the current status of global trade is bad for America and good for a bunch of other people. And he’s going to reset it, and he’s absolutely right to do it,’ Rubio added. 

The secretary of state said the ‘worst thing’ the U.S. could do is leave the global trade system ‘the way it is forever.’

‘I mean, this is, just can’t continue. We can’t continue to be a country that doesn’t make things. We have to be able to make things to provide jobs for Americans… it’s that simple,’ he added. ‘China, as an example. I mean, it’s outrageous. I mean, they don’t consume anything. All they do is export and flood and distort markets in addition to all the tariffs and barriers they put in place.’ 

Rubio added ‘If you’re a company and you make a bunch of your products in China and all of a sudden shareholders or people that play the stock market realize that it’s going to cost a lot more to produce in China, your stock is going to go down, but ultimately the markets, as long as they know what the rules are going to be moving forward, and as long as you can sustain where you’re going to be, the markets will adjust.’

‘Businesses around the world, including in trade and global trade, they just need to know what the rules are. Once they know what the rules are, they will adjust to those rules,’ he said. ‘So I don’t think it’s fair to say economies are crashing. Markets are crashing because markets are based on the stock value of companies who today are embedded in modes of production that are bad for the United States.’ 

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
DAVID MARCUS: Small-town America shrugs off tariff talk, puts faith in Trump
next post
How we got to Liberation Day: A look at Trump’s past comments on tariffs

You may also like

Here We Go Again… Suspicious Ballots Arrive Way...

November 9, 2022

US troops in Iraq targeted by drones, marking...

October 31, 2023

10 rising stars in Democrat, Republican parties expected...

December 31, 2024

Harris now the second Dem candidate to lose...

November 6, 2024

Trump vows to commute prison sentence of Silk...

May 26, 2024

NBC Projects that GOP Will Still Win the...

November 9, 2022

Secret Iranian missile storage site exposed by anti-regime...

October 25, 2024

Trump asks Supreme Court to extend delay in...

February 13, 2024

Trump names Alina Habba as counselor to the...

December 9, 2024

House tees up ‘China Week’ with floor votes...

September 6, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout

      June 7, 2025
    • Deadly drone wars are already here and the US is horribly unprepared

      June 7, 2025
    • Week Ahead: NIFTY’s Behavior Against This Level Crucial As The Index Looks At Potential Resumption Of An Upmove

      June 7, 2025
    • FLASHBACK: Musk accused Trump, GOP leaders of not wanting to cut spending — here’s where they said they would

      June 7, 2025
    • ‘Right down the line’: Medicaid reform in ‘big, beautiful bill’ divides lawmakers by party

      June 7, 2025
    • FAST distribution and IA

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,562)
    • Stocks (3,135)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved