4.6 • 2.7K Ratings
🗓️ 6 March 2025
⏱️ 9 minutes
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0:00.0 | This is CBS. I on the world. I'm John Batchel. I welcome Jim Path. He is the president of the |
0:09.8 | conservative caucus. We go immediately to remarks about the president's presentation to America and to |
0:16.7 | the chamber, a joint chamber of Congress, on what has been achieved so far in a very quick, |
0:23.1 | less than 40 days. |
0:24.7 | Jim, a very good evening to you. |
0:25.9 | I begin with the hot story the last 48 hours, tariffs. |
0:30.7 | Conservative caucus commits itself to free trade, fair trade. |
0:36.1 | Generally speaking, tariffs are part of protectionism, and that is not either free trade, fair trade. Generally speaking, tariffs are part of protectionism, |
0:39.7 | and that is not either free trade nor fair trade. So what is your opinion of the way the |
0:45.7 | president explained his tariffs last night, given that it's in negotiation, it could change |
0:51.7 | any 10 minutes? Good evening, too. Thank you. |
0:54.8 | Well, listen, the precision of what Donald Trump's rhetoric is sometimes belies what's actually taking place in the background. |
1:05.6 | So I really take the vast majority of the steps on tariffs that Trump is undertaking as on the |
1:14.3 | fair trade end of things. So I'm all four, and we are all for reciprocal tariffs, for example, |
1:20.5 | we have been in a structure since World War II where the United States gives all the |
1:26.4 | tariff advantage, all the trade restriction advantage to other countries. |
1:30.8 | And I think we did that somewhat purposefully to help countries recover from the devastation economically that World War II brought about. |
1:40.1 | And that may have been fine in the short run, and we were having fabulous success in our economy. |
1:45.9 | But that structure cannot be maintained in the long run. |
1:49.8 | I see this is a transition period where we're going to see reciprocal trade arrangements. |
1:56.5 | Donald Trump's immediately going to bump up when another country does. |
1:59.3 | In the long run, and he said this very publicly, and we solidly support it, let's get to zero tariffs. |
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