Ana Swanson

And he said these tariffs aren't happening in a vacuum.

And he said these tariffs aren't happening in a vacuum.

He argues that if the Trump administration is able to get the price of oil down, if Elon Musk and his team are able to cut government waste and red tape, and if Trump keeps taxes low, all of these moves together would reduce inflation and help the U.S. economy.

He argues that if the Trump administration is able to get the price of oil down, if Elon Musk and his team are able to cut government waste and red tape, and if Trump keeps taxes low, all of these moves together would reduce inflation and help the U.S. economy.

But what Navarro said is the most important part of all of this, why he's so focused on tariffs and bringing manufacturing back to the United States, is that it all comes back to national security.

But what Navarro said is the most important part of all of this, why he's so focused on tariffs and bringing manufacturing back to the United States, is that it all comes back to national security.

I don't think that he believes in those negative consequences, no. He doesn't believe in what most experts are saying, which is that all of these tariffs could end up really hurting Americans.

I don't think that he believes in those negative consequences, no. He doesn't believe in what most experts are saying, which is that all of these tariffs could end up really hurting Americans.

You know, he and the president are embarking on imposing tariffs at just a vastly bigger scale than we've seen in this country in many decades. And so it is kind of like a grand experiment really to see if they're right about how tariffs will play out for the American economy.

You know, he and the president are embarking on imposing tariffs at just a vastly bigger scale than we've seen in this country in many decades. And so it is kind of like a grand experiment really to see if they're right about how tariffs will play out for the American economy.

Yeah, his plan was to impose sweeping tariffs on America's three biggest trading partners, So a 25% tariff on Canada and Mexico virtually across the board, except a lower tariff on Canadian oil and 10% tariff on China. And that would include everything from cars, lumber, natural gas, beer, vegetables. pretty much everything that we're importing from those countries.

Yeah, his plan was to impose sweeping tariffs on America's three biggest trading partners, So a 25% tariff on Canada and Mexico virtually across the board, except a lower tariff on Canadian oil and 10% tariff on China. And that would include everything from cars, lumber, natural gas, beer, vegetables. pretty much everything that we're importing from those countries.

Well, according to the president, it's been pretty much all about the border. So he really was trying to pressure these countries, he said, to do more to stop flows of migrants and to stop shipments of fentanyl coming across the border. However, in the last couple of days, he also kind of mixed in the trade deficit.

Well, according to the president, it's been pretty much all about the border. So he really was trying to pressure these countries, he said, to do more to stop flows of migrants and to stop shipments of fentanyl coming across the border. However, in the last couple of days, he also kind of mixed in the trade deficit.

He said that these countries sell a lot more to the United States than they buy from them, and they would also have to fix that problem. number one domestic policy issue right now.

He said that these countries sell a lot more to the United States than they buy from them, and they would also have to fix that problem. number one domestic policy issue right now.

Yeah, so typically tariffs are used for trade reasons, to balance out unfair trade in a relationship. And Trump definitely thinks about tariffs in that way, too, and has plans for that type of tariff. But you're right here. It's all about using tariffs as a negotiating tool, as a source of leverage for things having little to do with trade, the border and fentanyl.

Yeah, so typically tariffs are used for trade reasons, to balance out unfair trade in a relationship. And Trump definitely thinks about tariffs in that way, too, and has plans for that type of tariff. But you're right here. It's all about using tariffs as a negotiating tool, as a source of leverage for things having little to do with trade, the border and fentanyl.

And I think what's happened is that President Trump has just discovered that tariffs are a really powerful tool and one that's immediately available to him as a president. He issued these tariffs using an executive order where he created a national emergency, and then he could go ahead and issue them right away.

And I think what's happened is that President Trump has just discovered that tariffs are a really powerful tool and one that's immediately available to him as a president. He issued these tariffs using an executive order where he created a national emergency, and then he could go ahead and issue them right away.