Senator Ron Johnson is a member of the Senate Budget and Finance Committees.

He's a Republican from the state of Wisconsin, which exports more than $27 billion in goods to international markets.

And I spoke with him earlier today.

Senator Johnson, welcome back to the NewsHour. Thanks for joining us.

Hope you're doing well.

So as you've probably seen right now, we're speaking as the markets have closed.

They all close between 4 and 5% down.

I know you've called tariffs a double-edged sword before, and you said this morning you have

some concerns about these latest tariffs.

Are you more or less concerned seeing what you've seen over this last day now when

it comes to these tariffs?

Well, obviously a 5% decrease in the markets would heighten my concern.

I would assume that got the president and his advisor's attention as well.

But at the same time, it's interesting as I talk to manufacturers and farmers in Wisconsin,

they agree with what President Trump has tried to accomplish here. They realize that we have

not been treated fairly by our trading partners. They realize that there are many crucial and vital

products that are vital to our national security that we don't manufacture here.

And in some way, shape, or form we're going to have to reshore them.

So they agree with what President Trump's trying to accomplish.

But I think everybody's kind of bracing to see what the fallout and really, you know,

how painful this experience is going to be.

Well, I guess we've seen the fallout in these first 24 hours now.

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