America’s Military-Industrial Base Is at Risk

Courtesy of The New York Times. By Peter Navarro

And here’s what the White House is going to do about it.

President Trump’s maxim that “economic security is national security” comes with an important corollary: A strong manufacturing base is critical to both economic prosperity and national defense.

Policies advanced by the administration under this banner include corporate tax cuts and a wave of deregulation to stimulate investment and spur innovation; steel and aluminum tariffs to bolster core industries; a stout defense against China’s brazen theft and forced transfers of American intellectual property and technologies; a significant increase in the military budget; expansion of Buy American rules for government procurement; and tough steps on trade to level the playing field for American workers, businesses and farmers.

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