This is John Batchel, a conversation with my colleague Elizabeth Peake of the Hill, a columnist,

of Fox News, a columnist about the tariffs and the turmoil caused by the tariffs in the markets.

Looking past that, Liz identifies what the ambition of the Trump administration is,

to build in America, not in Mexico, for example.

To invest in America and not in Mexico pretending not to be Chinese, for example.

Here's Elizabeth Peake, imagining the future with investment here and what that means

for the workforce and for the robots.

More of this than I.

The markets aren't particularly clear on what we're saying.

And I think President Trump really has to explain to the American people that there is a long-term gain here

and that there is going to be near-term volatility. There's going to be

this trade war. It may escalate before it de-escalates. But the point, John, is this, very simply.

The United States has been willing to and has run enormous trade deficits year in, year out.

And that is not good for our country.

And I think what Trump is willing to do is put up these trade barriers, these tariffs, in the

hopes that we will begin to see manufacturers make the decision as Honda just did to build

in the United States rather than Mexico or build in the United States rather than in China.

That is the hope and the expectation. How can that succeed, you say, when labor rates are so much

higher in the United States? Well, that's really sort of the

ultimate difficult question. And my answer would be, first, automation, AI, the plants of the future

are not going to be as reliant on labor because we are automating everything and i i'm

uh when honda decides to build in indiana i'm assuming that they take advantage of the right to work

...