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Trump took more than a year to raise tariffs in his first term, but slapped China with higher levies just two weeks into Trump II and promised much more. Are we at the beginning of a global trade war or just seeing a more assertive United States? Does Trump want to use tariffs just to extract concessions on matters like immigration, drug cartels, and defense spending? Or does he want to use them to partially supplant the income tax with tariff revenue and eliminate trade deficits? Which countries will pay the most? Co-hosts Christian Whiton and Mark Simon discuss these matters with C.J. Mahoney, a deputy U.S. Trade Representative in Trump's first term.
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88 ratings
Trump took more than a year to raise tariffs in his first term, but slapped China with higher levies just two weeks into Trump II and promised much more. Are we at the beginning of a global trade war or just seeing a more assertive United States? Does Trump want to use tariffs just to extract concessions on matters like immigration, drug cartels, and defense spending? Or does he want to use them to partially supplant the income tax with tariff revenue and eliminate trade deficits? Which countries will pay the most? Co-hosts Christian Whiton and Mark Simon discuss these matters with C.J. Mahoney, a deputy U.S. Trade Representative in Trump's first term.
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