Peter Navarro Profile picture
Jul 4 16 tweets 5 min read Read on X
1/ Before the word “tariff” became synonymous with President Trump, generations of American statesmen laid the foundation for the America First agenda of today.

Their ideas—rooted in sovereignty, security, and protection of American workers—embody the ongoing fight for American prosperity.

A THREAD 🧵Image
2/ Alexander Hamilton was the original architect of American economic nationalism.

In his "Report on Manufactures", he argued that tariffs were essential to defend U.S. industry and secure independence from Britain. Image
3/ Hamilton understood that political independence wasn’t enough.

The young American republic needed economic protection and system of fair trade to grow and survive. Image
4/ Henry Clay, known as the “Great Compromiser,” built on Hamilton’s legacy.

His “American System” prioritized:

A national bank, infrastructure investment, and most importantly: TARIFFS Image
5/ To Clay, tariffs were a vital tool of economic protection and industrial growth.

In 1824, he put it plainly:

“The tariff is to tax the produce of foreign industry, with the view of promoting American industry.”

Sound familiar? Image
6/ Clay helped implement the Tariff of 1824 to stop cheap British goods from flooding U.S. markets.

Nearly 200 years later, President Trump used Section 232 powers to shield U.S. steel and aluminum from Chinese overproduction. Image
7/ Like President Trump, Clay faced fierce opposition.

The southern–led Nullification Crisis—sparked by the 1828 and 1832 tariffs—nearly tore the Union apart.

But the tariffs were effective for working Americans and the principle still holds:

Protect our own industry—or risk dependence on foreign powers.Image
8/ Abraham Lincoln, the first Republican president, proudly called himself an “old-line Henry Clay Whig.”

He knew how vital tariffs were for national prosperity.

They uplifted American labor, funded internal improvements, and shielded the Union from foreign control. Image
9/ During Lincoln’s presidency, tariff revenue helped finance the military during the Civil War.

He believed that protecting American industry would also protect the American nation.

It worked: America industrialized rapidly during and after his presidency. Image
10/ Decades later, President William McKinley—an ironworker’s son and Clay disciple—picked up the torch.

He made it clear:

“Open competition between high-paid American labor and poorly paid European labor will either drive out of existence American industry or lower American wages.”Image
11/ In 1890, McKinley passed a landmark tariff raising duties above 50%.

By 1896, he ran for president as “a tariff man standing on a tariff platform.”

He won—and kept winning for American workers. Image
12/ Under McKinley, America led the world in agriculture, mining, and manufacturing.

He credited this success to fair, protective trade:

“These are the trophies which we bring after twenty-nine years of a protective tariff.” Image
13/ President Trump’s trade agenda—especially his assertive use of tariffs—draws from a long line of American economic tradition shaped by statesmen like Hamilton, Clay, Lincoln, and McKinley. Image
14/ The early GOP was the party of tariffs and industry.

From Lincoln to McKinley and into the 20th century, the Republican Party fought for American workers.

Trump has revived that GOP—reconnecting it to its pro-worker, pro-sovereignty roots. Image
15/ The America First agenda isn’t new.

Hamilton. Clay. Lincoln. McKinley. Trump.

Five leaders. One philosophy: Americans First -- ALWAYS. Image
Who should American economic policy protect first?

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More from @RealPNavarro

Aug 8
🧵 This was the son of a bitch that put me in leg irons, perp-walked my fiancée, apparently lied to the Grand Jury to secure my indictment. Karma's a bitch.
nypost.com/2025/08/07/us-…
Thx to @ChuckGrassley for outing Walter Giardina, @KashPatelX for firing him. Now Giardina should be investigated along with other corrupt FBI agents who brought shame to the agency. Giardana wiped his laptop clean as Hillary's.
You can read about my arrest by the fallen FBi agent Giardina in my new book "I Went To Prison So You Won't Have." Now we have to hold Comey, Clapper, Brennan, Page, Strzok, George and Alex Soros accountable for anti-Trump activities.
bit.ly/4luaeFZ
Read 4 tweets
Jul 8
1/ Fed Chair Jay Powell refuses to cut interest rates—even with ample evidence supporting a cut.

That stubbornness is costing the U.S. economy BILLIONS. Even a mere 0.50% overshoot has major consequences.

Let’s BREAK IT DOWN 🧵 Image
2/ Keeping the Fed Funds rate half a percentage point too high can cut GDP growth by 0.25–0.5% annually.

In a $28-trillion economy, that’s $70–140 billion in lost output EVERY YEAR.

Growth and wealth—GONE because of Powell’s overly tight policy. Image
3/ How about the debt?

Slower GDP means lower tax revenues.

A $70–140 billion GDP hit = $15–30 billion in lost tax receipts annually.

Over a decade: $150–300 billion more debt, thanks to higher deficits and interest. Image
Read 13 tweets
Jun 18
🚨THREAD: @realDonaldTrump raised steel tariffs from 25% to 50% — a decisive move to protect American steel and our national security.

🧵Here’s why this action is ESSENTIAL. Image
2/ 🚨America’s steel industry is under siege.

The original 25% tariffs from 2018 helped, but Joe Biden turned them into Swiss cheese. 🧀

Now, global overcapacity is growing, dumped imports are flooding our market, and foreign producers are gaming the system. Image
3/ In 2018, when President Trump first imposed Section 232 tariffs, it sparked a STEEL REVIVAL.

It added over $20 billion in domestic investment, which included new capacity across rebar, wire rod, hot-rolled sheet, and more. Image
Read 12 tweets
May 30
1/ 🚨The bond market and pundits are MISSING the mark on President Trump's One, Big, Beautiful Bill.

President Trump is changing the source of federal revenue altogether, taxing Americans LESS and foreign countries MORE. It's a win-win.

Let’s break it down. 🧵 Image
2/ The Congressional Budget Office (CBO) claims President Trump’s bill will add $3.8 trillion to the national debt over a decade.

‼️But they’re wrong and here’s why… Image
3/ CBO fails to recognize how tax cuts, deregulation, and smart trade policy GROW the economy.

Just like in 2017, they’re not going deep enough. Image
Read 10 tweets
May 21
1/ The One, Big, Beautiful Bill. 📜

It brings back the Trump tax policies that made America GROW — and locks them in for good.

Let’s break down how this bill delivers for American manufacturers 🧵 Image
2/ Build in America? Get Rewarded. 🇺🇸

New factories built in the USA get enhanced expensing and tax relief.
Projected result:

300,000 new jobs

Wage BOOST

More Made in America across the board. Image
3/ 100% Expensing Returns 💯

Manufacturers that buy a machine write it off immediately.

Result? More factory investment. More jobs. Higher wages.

Rebuilding the industrial base — brick by brick. Image
Read 11 tweets
May 16
Ever wonder why you don't see Ford Mustangs, Jeep Wranglers, or Chevy Silverados cruising through Paris, Rome, or Berlin?

It's not because Europeans don't love American cars.

It's because the European Union RIGGED the game🧵 Image
Start with tariffs.

The EU slaps a 10% tariff on U.S. cars.

Before Trump, our country only charged 2.5% on theirs.
🚨Then come Europe's NON-TARIFF barriers, all designed to block out U.S. vehicles and protect European automakers.
Read 8 tweets

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