The founder of Red Land Cotton, Mark Yeager, speaks with the ‘Lydia Hu de Fox Business to talk about the vision of the business to invest in American manufacturing textiles.
Companies made in the United States could soon see national manufacturing protections, and even a final impulse, in reaction to the tariff decisions of President Donald Trump.
“I think it can help and what do we have to lose?” The founder of Red Land Cotton, Mark Yeager, told Lydia Hu de Fox Business. “I think the cotton industry is being supported by government subsidies, and that is all that the cotton business in the United States maintains.”
“If we have our own textile industry, maybe we can use it and create value … I mean, how can we send it around the world here? And would you think that we could be competitive,” he continued.
On Wednesday, President Trump is ready to celebrate The “Liberation Day” of the country When reciprocal tariffs on the main commercial partners will enter into force.
Wall Street companies see the risk of recession on tariffs, the commercial war
“Liberation Day, I call it a day of liberation in the United States,” Trump said from the White House last week, prior view on April 2. “You will see tariffs. And I think I have been very fair. I have them established. But I think I have been very fair with the countries that have really abused us economically for many, many decades.”
The companies that use the ‘Made in America’ model are expressing some optimism about the rates of President Donald Trump. (Getty images)
There will be a 25% rate on steel and aluminum imports; 25% tariffs in all imported cars in the US.; 25% tariffs on goods from Canada and Mexico; and a 20% fee on the China plate.
While economists and some political experts are skeptical of tariffs and their impact on consumer prices, Yeager, who in the last decade has worked to rationalize their supply chain, feels that tariffs provide more investments on US manufacturing.
Lauren Simonetti of Fox Business informs about how an owner of an American business is capitalizing the tariff plan of President Donald Trump.
“I have been cultivating cotton all my life, and I was trying to find a way to add value to what I was growing. And I also have a love for Made in America, so I have been like that my whole life,” Yeager said.
“So it seemed natural that this was the next thing I could do with my cotton.”
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The EU EU Jovita Neliupšien ambassador warns that the commercial war with the United States will harm consumers, workers and small businesses long before it affects corporations or the government
According to the United States Department of Agriculture, the number of ground cotton bundles nationwide has decreased from 11.2 million in 1941 to 1.7 million in 2024. The United States jobs in the textile industry have also decreased more than 80% since 1990.
Trump’s eleventh week in office follows a rhythm of orders and executive actions since January 20. Trump has signed at least 108 Executive orders Solo, which exceeds the number of executive orders signed by their predecessors in their respective early years in office from the Carter administration.
Emma Colton of Fox News contributed to this report.
