In the 20-minute farewell speech video, Trump counted his achievements in detail. Including his economic achievements, the rapid development of the COVID-19 vaccine, the construction of borders, and so on. In diplomacy, Trump mentioned peace in the Middle East and emphasized that he is the only US president who has not waged a war in decades.
Before the outbreak of the covid-19, the tax cuts in 2017 brought back U.S. overseas funds in a large scale. The Dow Jones Industrial Average hit a record high during his tenure; encouraged the development and production of oil and natural gas, and reduced dependence on imports. At the same time, in 2019 In September 2015, the unemployment rate in the United States fell to 3.5%, the lowest point in the past 50 years.
In terms of diplomacy, Trump insisted on "America first", so he withdrew from the climate agreement and the "Trans-Pacific Cooperation Agreement", and often threatened allies with the retreat of US troops, which also made many countries doubt the trust of the United States; in immigration policy On the previous page, he adopted a "zero tolerance" policy, tightened the issuance of H-1B visas, prohibited entry to seven Muslim countries, and broke up many immigrant families. This is also a major cause of his loss.
Similarly, the United States gave him the priority to abandon the Iran nuclear agreement and move the Israeli embassy to Jerusalem. Although angered the Muslim area, in 2020, he coordinated between Muslims and Israel to further exchange relations between the two sides. The most important of these is that Trump is effective in cracking down on the Chinese government's closed markets, unfair policy subsidies, and theft of intellectual property rights.
However, during Trump's tenure, although the US-China deficit has narrowed, its deficit with other countries has increased. Tax cuts also failed to spur a significant increase in corporate investment. Non-residential capital expenditures, after deduction of depreciation and inflation, have risen, but this trend began long before the tax cuts. Corporate investment began to decline in 2014 and began to recover in mid-2016. Before the bill was signed, it had already rebounded by 13%. He believes that the real reason is the dollar trend and oil prices.
As the Trump administration steps down, the U.S. government will also open a new page.
In his speech, Trump thanked the American people for giving him this great privilege. It is his supreme honor to be the president of the United States. In 2016, he assumed the heavy responsibility of "making America great again". At the same time, he also thanked the American people for working with him on this task and doing better than expected to make America safe and prosperous.
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