A look at how Trump's plan to increase tariffs would affect U.S. workers and consumers
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 11 September 2024
⏱️ 9 minutes
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| 0:00.0 | Tariffs are a hallmark of former President Donald Trump's economic agenda and some of them have picked up bipartisan support as a way of dealing with China. |
| 0:10.0 | But there are still key differences between Trump and Vice President Harris |
| 0:14.4 | when it comes to how large and wide ranging they should be. |
| 0:17.7 | As economics correspondent Paul Salman reports, |
| 0:20.6 | the potential impact of imposing more tariffs was debated on stage last night, and is very |
| 0:26.1 | much on the minds of some voters in battleground states. |
| 0:30.3 | Other countries are going to finally, after 75 75 years pay us back for all that we've done for the world. |
| 0:36.0 | Last night, former President Trump began by defending his aggressive tariff policies, both from his first term and what he would do if he wins again. |
| 0:46.0 | That includes a 10 to 20 percent tariff on all foreign goods and a 60 percent tariff, that |
| 0:52.3 | is import tax, on goods from China. |
| 0:55.0 | It was the very first policy spat in last night's debate. |
| 0:59.0 | My opponent has a plan that I call the Trump's sales tax, which would be a 20% tax on everyday goods that you rely on to get through the month. |
| 1:09.0 | To which Trump responded in part, the tariff will be substantial in some cases. |
| 1:15.0 | I took in billions and billions of dollars, as you know from China. |
| 1:18.0 | In fact, they never took the tariff off because there was so much money. |
| 1:21.0 | Almost anyone would dispute that explanation. |
| 1:24.8 | But one thing is true. |
| 1:26.2 | The Biden administration maintained most of the tariffs |
| 1:29.6 | on more than $300 billion worth of goods from the original Trump regime, and added tariffs on another |
| 1:36.4 | $18 billion worth of items from steel to medical supplies, including a 100% tariff on Chinese electric vehicles. |
| 1:45.0 | We are fighting for middle class families. |
| 1:48.0 | And Vice President Harris supports tariffs too, she said, |
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