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JD Vance on Free Trade
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Cut taxes; we'll take a lot of money with tariffs on imports
JDV: We're going to be taking in a lot of money by penalizing companies for shipping jobs overseas and penalizing countries who employ slave laborers and then ship their products back into our country and undercut the wages of American workers. It's
the heart of the Donald Trump economic plan. Cut taxes for American workers and American families. Cut taxes for businesses that are hiring and building companies in the United States. But penalize companies and countries that are shipping jobs overseas.
TW: You're not going to pay for it with these tariffs. That's just adding another $4,000 on the family and taking less. So not only do they not get the money to pay for that, they're $4,000 in the hole. That's Wharton School. That's his alma mater.
When I go to businesses, sure, they'll talk about taxes sometimes. But they will lead with childcare and they will lead with housing, because we know the problem is we need more workers because our economy is growing, but we need the workforce.
Source: 2024 Vice Presidential debate: Tim Walz vs. JD Vance
, Oct 2, 2024
Experts lied about cheaper goods from offshoring
VANCE: Experts for 40 years said that if we shipped our manufacturing base off to China, we'd get cheaper goods. They lied about that. They said if we shipped our industrial base off to other countries, to Mexico and elsewhere, it would make the middle
class stronger. They were wrong about that. They were wrong about the idea that if we made America less self-reliant, less productive in our own Nation, that it would somehow make us better off. And they were wrong about it. And for the first time in a
generation, Donald Trump had the wisdom and the courage to say to that bipartisan consensus, we're not doing it anymore. We're bringing American manufacturing back. But look, so many of the drugs, the pharmaceuticals that we put in the bodies of our
children are manufactured by nations that hate us. This has to stop. And we're not going to stop it by listening to experts. We're going to stop it by listening to common sense wisdom, which is what Donald Trump governed on.
Source: 2024 Vice Presidential debate: Tim Walz vs. JD Vance
, Oct 1, 2024
We are pushing other nations into the arms of the Chinese
Why is [Hungary's leader] Viktor Orban getting closer to China? In part, because American leadership is not making smart decisions. We are pushing other nations into the arms of the Chinese, because we don't make enough stuff, because we pursue a
ridiculous foreign policy very often. We have to be more self-reliant. I don't like China. I don't like that China has stolen a lot of American jobs. The reason they've done it is because American leadership has made bad decisions.
Source: CBS Face the Nation on 2024 Republican Veepstakes
, May 19, 2024
GOP used to be okay with trade deals with China; not anymore
Even going back 20-30 years ago, the Republican Party was ok with trade deals and negotiations with China that destroyed the manufacturing base that, by the way, hollowed out our ability to make our
own weapons on the national security side and destroyed a lot of good middle-class jobs in state that I came from. We are not doing that anymore. we are the pro-America party, not the pro-China party.
Source: Speech at the 2023 CPAC Conference in Maryland
, Mar 2, 2023
Raise taxes on companies that ship jobs overseas
Taxes: Should corporations and wealthier individuals pay more or less taxes?- Tim Ryan (D): More. Opposed the $1.5 trillion 2017 tax bill, which cut corporate tax rates and top-bracket income taxes.
Increase taxes on billionaires while increasing the child tax credit for working families. "A tax system that lets the super-rich off the hook while working families are struggling just to stay afloat is a system that's broken."
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J.D. Vance (R): Mixed on corporations, less for individuals. "Let's cut the taxes of the companies that invest in our country.
But... raise taxes on companies that ship jobs overseas and use their money to fund anti-American radical movements." Calls Ryan's push for middle class tax cuts "a gimmick," criticizes his opposing 2017 tax cuts.
Source: Guides.vote candidate survey on 2022 Ohio Senate race
, Nov 1, 2022
Trump scrapped terrible trade deals, and he was right
Our country used to value working class jobs, and then the manufacturing base of our economy was shipped overseas. I'll fight the corporate elites who want to continue the status quo. President Trump scrapped terrible trade deals and
renegotiated them, imposing punitive tariffs on companies that manufacture in China and other nations. These were the right policies, and the effort to rebuild our industrial base is only beginning.
Source: 2021 OH Senate campaign website JDVance.com
, Oct 3, 2021
U.S. companies struggle with unfair competition from China
JD moved back to Ohio in 2017. He has seen firsthand livelihoods devastated by job loss, addiction, economic turmoil and so much more. He stood up a business in Cincinnati and has focused on growing companies that create well-paying jobs.
His business experience taught him firsthand that so many American companies struggle with unfair competition from China and from their own government, which often rewards multinational technology firms over Ohio small businesses.
Source: 2021 Ohio Senate campaign website JDVance.com
, Jul 4, 2021
Page last updated: Oct 30, 2024; copyright 1999-2022 Jesse Gordon and OnTheIssues.org