Countries Hit Back at Trump’s Tariff Plan

The Hartmann Report

Thom Hartmann

Congress, Economics, Climate Change, The Hartmann Report, Debate, Democracy, America, Thom Hartmann, News

4.4 • 1.2K Ratings

🗓️ 27 November 2024

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

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Summary

China, Canada and Mexico hit back at Trump’s tariff plan amid warnings of impact on the US economy - - How do we bring our jobs back home? Trump says he'll slap tariffs on Canada, China and Mexico on Day 1. I agree with jobs coming home - Dems should have done this. Our drugs, food, and good union jobs have been sent to unregulated cheap labor. There are loads of recalls that no one even checks. This broke unions and drove down paychecks. This should begin with a made in America buying from the federal government. Trump is not going to handle this well. We've had 30, 40 years of our good jobs being shipped overseas and it can't be undone overnight or we will have chaos. You now have other countries that make critical pharmaceuticals that could be withheld. Hardly anything is manufactured here anymore.

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Transcript

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0:46.3	Well, happy Thanksgiving week.
0:49.4	I hope you have a wonderful and meaningful holiday season.
0:55.5	We have a lot to talk about today.
1:03.8	China, Canada, and Mexico hit back at Trump's announced plan to hit them all with 25% tariffs.
1:07.0	How do we actually bring our jobs back home?
1:12.6	What aspect of what Trump is doing actually makes some small amount of sense and why,
1:17.7	and how could it be done and done right? We'll talk about that. So we've got a lot to talk about today.
1:33.0	All right, Donald Trump says he's going to slap 25% tariffs on Mexico, China, and Canada. On day one, on January 20th or 21st, you know, he posted this on Truth Social yesterday,
1:38.8	one of the first executive orders he signs, until such time as there are no more illegal immigrants and there is no more fentanyl, which, of course, ain't going to happen.
1:43.8	Now, Mexico has responded.
1:47.0	Canada has yet to respond.
1:48.5	China has responded.
1:49.5	I'll share those responses with you.
1:51.6	But I just want to say, I have been saying on this program for 21 years, I've been writing
1:57.3	for 40 years, that we need to reverse Reagan's abandonment of tariffs.
2:08.5	You know, we have tariffs in the United States.
2:10.7	We've got over 20,000 tariffs.
2:12.3	Most of them are minimal.
	...

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