Trump vows to halt exploitation by allies, slash taxes and rebuild economy
- Our so-called allies have been exploiting us for a long time. I will stop this - said Donald Trump in his nomination speech. He promised to cut taxes and bring back factory jobs. He intends to redirect funds from the climate fund to construct roads, bridges, and dams.
Donald Trump, the Republican candidate, thundered that the so-called allies have been exploiting America for a long time. In the 93-minute speech, he outlined his vision of the economy and international relations, which will go down as the longest nomination speech by any party in history.
"I will stop this"
We have long been taken advantage of by other countries . . . often times these other countries are considered so-called allies. They’ve taken advantage of us for years. We lose jobs, we lose revenue, and they gain everything and wipe out our businesses, wipe out our people - said Trump. - I stopped it for four years . . . and I will stop it again.
He also promised to cut taxes and bring back factory jobs.
In his speech, Trump refers to redirecting the remaining funds from Biden's flagship climate law, the Inflation Reduction Act - notes Bloomberg.
- And all of the trillions of dollars that are sitting there not yet spent, we will redirect that money for important projects like roads, bridges, dams – said Trump. - And we will not allow it to be spent on the meaningless green new scam ideas.
Furthermore, Trump emphasised that he would end the obligation to use electric vehicles on the first day of his administration.