Mike Pence on Trump Tariffs, Powell, Israel, Ukraine

Trade Policy & Tariffs - Former US Vice President Mike Pence criticizes President Trump's tariffs, stating they have led to trillions of dollars in lost investments [1] - The analysis suggests a shift in trade policy from leveraging tariffs to lower trade barriers to a broad-based industrial policy with potentially harmful effects on the American economy and consumers [5][6] - The industry emphasizes the importance of free trade with free nations and being tough on trade abusers, aiming to lower trade barriers for American prosperity [7] - Concerns are raised that broad tariffs could lead to a $3,000 increase in the cost of goods for the average American household [24] - The report highlights potential risks of permanent unilateral tariff barriers, advocating for free trade agreements and expansion of trade as key to American growth [13][14] Geopolitical Stance - The analysis commends the current administration's approach to the Middle East, particularly its support for Israel [33][40] - The report suggests that the previous administration's policies towards Iran, including isolating Iran and taking down the ISIS caliphate, had Iran on its back heels [37][38] - The industry expresses concern over the Biden administration's return to a policy of appeasement toward Iran, which is believed to have emboldened enemies of Israel [34] - The analysis advocates for continued military support to Ukraine and punishing sanctions on Russia until a just and lasting peace can be secured [51]