Thursday, 17 April 2025

JULIO RIVERA: How Trump’s trade war is actually a blue-collar renaissance in disguise


If trade were a game of Monopoly, America would stop handing out "Get Out of Jail Free" cards for bad behavior.

ad-image

You can almost hear the screeching from Wall Street boardrooms to Beltway cocktail parties: "Tariffs?! But the markets!" Yes, Brenda, the Dow dipped, and your imported foie gras might go up in price — but out in places like Youngstown, Ohio, and Decatur, Illinois, folks are eyeing the return of good-paying manufacturing jobs with the kind of optimism that hasn't existed since Rocky Balboa knocked out Ivan Drago in Moscow.

President Trump's new Reciprocal Trade Plan is a long-overdue economic chiropractic adjustment — a few cracks. Sure, it pops for the investor class, but a realignment that might finally help the American worker stand tall again.

Let's be clear: both parties have had their sweaty palms on this particular steering wheel as it drove straight into a ditch.

Back in the '90s and 2000s, Democrats and Republicans alike held hands and sang Kumbaya over free trade agreements like the Clinton-era North American Free Trade Agreement (NAFTA) that promised "cheaper goods" and "global competitiveness."

What they delivered was a slow-motion mugging of the American middle class. Entire towns were strip-mined for their jobs and dignity so that corporations could squeeze out an extra 0.03% in quarterly profit.

Then take Bain Capital—yes, Mitt Romney's private equity lovechild. According to a 2012 Washington Post exposé, Bain made a killing investing in companies that specialized in outsourcing—the kind of firms that had a button on their desk labeled "Move Jobs to Shenzhen."

They weren't alone. Washington applauded as companies turned America into a country that makes fewer things than a toddler with no LEGOs. And what did we get for it? Hollowed-out cities, rising inequality, and an economy increasingly dependent on shuffling digital assets while China builds the actual stuff.

Next comes President Trump in 2025 with a policy that says, "Hey, if you're going to slap us with tariffs, we're going to do the same right back." This is radical stuff.

Using powers under the International Emergency Economic Powers Act, Trump dropped a 10% blanket tariff on everything coming into the country — and extra penalties for countries treating our economy like an all-you-can-export buffet.

If trade were a game of Monopoly, America would stop handing out "Get Out of Jail Free" cards for bad behavior.

The goal? Force countries to the table (by the way, some countries like Vietnam have already agreed to work with Trump), reset trade deals, and — gasp — bring jobs home. You know, the kind with pensions and lunch breaks and the pride of building something that doesn't involve scrolling through spreadsheets on Zoom in your sweatpants.

And yes, the same media that treats avocado toast like a civil right screamed about "trade wars" and "global instability." But in reality? It's a sober, strategic correction to decades of policy that's been about as valuable for the American worker as a solar-powered flashlight.

Maybe Wall Street hasn't loved it so far. The stock tickers certainly got the vapors. But here's the thing: stock markets aren't the economy—they're casinos with better lighting.

Of course, short-term volatility is absolute — tariffs shift supply chains, and yes, buying your imported bidet might cost a bit more. However, on a national level, this plan is projected to bring in $200 billion in revenue over ten years. That's real cash that could be used to pay down the deficit, lower taxes, or — imagine the horror — reinvest in American infrastructure and R&D.

Besides, we've tried the free trade route. The promise was: send our jobs abroad, and we'll all get rich on cheaper TVs and tuna. But unless your job was as a hedge fund manager or Amazon warehouse robot, that promise came with a footnote: "Offer not valid in manufacturing towns, rural America, or Detroit."

Trump's reciprocal tariffs aren't about slapping China for fun (although it's fun, particularly after COVID). They're about reshaping incentives so that manufacturing in the US becomes attractive again.

It's already happening. Steel mills are reopening, auto plants are expanding, and companies that used to run to China at the first sign of a union now think, "Hmm, maybe Toledo isn't so bad after all."

White House report from earlier this year backs it up: Trump's first-term tariffs led to substantial reshoring in key industries. These aren't your gig-economy gigs. These are jobs with decent wages, long-term career paths, and the kind of dignity that's been outsourced for the past 30 years.

Sure, there's a concern that tariffs could mean higher prices. But let's be honest — if paying an extra 50 cents for a pair of socks means your neighbor gets a job, that's a trade most Americans are happy to make. And with targeted tax cuts or direct consumer rebates funded by tariff revenue, those price hikes can be managed.

Plus, domestic production brings efficiencies. Once we scale up, costs come down. We're not just making America competitive again — we're building a robust industrial base that can weather future storms, pandemics, and supply chain chaos.

We used to be the country that built the Hoover Dam, the Model T, and the Apollo rocket. Then we became the country that builds... PowerPoints.

Reciprocal tariffs are a brash, unapologetic way of saying we want to make things again — better, more substantial, and made by Americans earning real wages. It's not just economic policy — it's national therapy.

Let Wall Street clutch its pearls. The real action is in factories, foundries, and main streets that get a second shot at life.

America isn't just open for business — it's open for building. And that's a trade war worth fighting.


Source link