President Trump, speaking in the Oval Office, suggested that his high tariffs against China were ultimately a temporary negotiating tactic to strike a trade deal, rather than a longer-term trade policy. #Trump #tariffs #China
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00:00I'm sure today, Treasury Secretary Justin suggested that the
00:03tariff rates as high as they are now, that's going to be a marvel of trade between the
00:07United States and China. Do you see it that way?
00:09I'm sure. 145 percent is very high, and it won't be that high. It's not going to be that high.
00:16It got up to that. We were talking about fentanyl, where, you know, various elements
00:21built it up to 145. No, it won't be anywhere near that high.
00:25And what level do you think it'll come down to if you have it?
00:27It'll come down substantially, but it won't be zero. They're going to do very well.
00:33And I think they're going to be happy. And I think we're going to live together very happily and
00:37ideally work together. So I think it's going to work out very well.
00:41But no, it's at 145 percent. There will not be anywhere near that number.