Why Tariffs Are Not Conservative
Heritage Explains
Heritage Podcast Network
4.7 • 847 Ratings
🗓️ 29 June 2018
⏱️ 13 minutes
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Transcript
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| 0:00.0 | From the Heritage Foundation, I'm Tim Dessher, and this is Heritage Explains. |
| 0:31.9 | Together, we will make America strong again. |
| 0:35.4 | We will make America wealthy again. We will make America proud again. We will make America safe again. And yes, together, |
| 0:44.1 | we will make America great again. Thank you. God bless you. And God bless America. |
| 0:52.5 | Since Donald Trump was elected president, things have been great. |
| 0:57.3 | Unemployment is at record lows for all Americans, including African Americans and Hispanics. |
| 1:03.0 | Business confidence is stronger than it's been in decades. |
| 1:06.2 | The GDP is climbing. |
| 1:07.7 | The stock market is booming. |
| 1:09.7 | Home prices are up. |
| 1:12.7 | And because of Trump's tax cut, |
| 1:19.8 | businesses are giving out pay raises and bonuses, and workers are saving anywhere from $1,000 to $2,000 per year in taxes. Things seem to be unstoppable right now, and the president's message of American |
| 1:26.8 | greatness is resonating. |
| 1:29.0 | So with such strong momentum, now is the time to double down and continue to implement policy |
| 1:34.8 | that inspires growth, not hinders it. However, with Trump's recent implementation of tariffs, |
| 1:40.9 | our blue sky is potentially turning gray. |
| 1:43.9 | Markets just tumbled 500 points a couple of hours ago on the back of a controversial |
| 1:48.4 | announcement from the U.S. President. |
| 1:50.6 | Donald Trump says his administration will start imposing tariffs on aluminum and steel imports. |
| 1:56.3 | President Trump today pulling the trigger on what he's talked about for a long time, |
| 1:59.9 | and that is tariffs on imported steel and aluminum, despite some pushback from people in his own party about this. |
| 2:08.3 | What is President Trump doing? Is he playing politics with this to some extent, satisfying his base, saying that, look, when I campaigned, I said I would do these things. Now I'm doing it. |
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