Trump Takes Office, Touches on Trade in Inaugural Address
During his inaugural address, President Donald Trump pledged to take an “America First” attitude toward trade and touted a philosophy of hiring Americans and promoting consumption of domestically produced goods. “From this day forward, it’s going to be only America…
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first. America first. Every decision on trade, on taxes, on immigration, on foreign affairs, will be made to benefit American workers and American families. We must protect our borders from the ravages of other countries making our products, stealing our companies, and destroying our jobs,” Trump said on Jan. 20. “We will follow two simple rules -- buy American and hire American.” Trump has indicated some major changes to trade policy will come during his first 100 days in office, including an immediate withdrawal from the Trans-Pacific Partnership (see 1611220016 and 1701190039).