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Investor Mitch Feierstein argued on Newsmax’s “Sunday Report” that former President Donald Trump’s tariff policies are paving the way for long-term American prosperity. He dismissed critics who blame market volatility on Trump’s trade strategies, calling them “financially illiterate” and out of touch with economic realities. Feierstein emphasized that the Federal Reserve’s decades of money printing created artificial stock market highs, not Trump’s policies.
Tariffs on imports, according to Feierstein, will force trading partners to negotiate fairer deals, ultimately benefiting U.S. workers and industries. He compared Trump’s approach to a necessary “reorganization” of the economy after years of unsustainable practices. While short-term market swings might cause panic, Feierstein insists these moves will stabilize once new agreements are finalized.
Critics like those on “Saturday Night Live” and comedian John Stewart were slammed for pushing what he called “anti-Trump propaganda.” Feierstein accused the media of ignoring how past administrations allowed China and other nations to exploit U.S. trade policies. He praised Trump for prioritizing American interests over globalist agendas that he claims weakened domestic industries.
The discussion highlighted how Trump’s policies aim to reverse reliance on foreign manufacturing, particularly for critical goods like pharmaceuticals and technology. Feierstein pointed to supply chain failures during the COVID-19 pandemic as proof that globalism endangered national security. Tariffs, he argued, will rebuild self-sufficient industries and create high-paying jobs at home.
Foreign policy analyst Gordon Chang echoed Feierstein’s optimism, predicting that allies and adversaries alike will eventually accept Trump’s tough negotiation tactics. Chang noted that countries relying on access to U.S. markets have no choice but to comply with fairer trade terms. Both experts agreed that Trump’s strategies align with conservative principles of sovereignty and economic independence.
Feierstein also took aim at Wall Street elites and corporate leaders who he says profited from flawed policies while ordinary Americans struggled. He praised Trump for challenging lobbyists and special interests that dominate Washington. This shift, he argued, ensures that Main Street—not just Wall Street—benefits from economic reforms.
The segment concluded with a warning about the dangers of returning to pre-Trump policies, which Feierstein claimed allowed China to undermine U.S. technological and military supremacy. He urged voters to support leaders willing to confront China and rebuild American manufacturing. The path to prosperity, he insists, requires patriotic policies that put America first.
In closing, Feierstein and Chang framed the 2024 election as a turning point for the nation’s economic future. They accused liberal opponents of prioritizing ideological agendas over practical solutions. For conservatives, the choice is clear: Trump’s vision offers a proven roadmap to restore American strength and prosperity.
