President Trump will announce reciprocal tariffs on 'Liberation Day' in his second term, aiming to address unfair trade practices and protect American workers from countries imposing high tariffs on American products.
Howard Lutnick, President Trump's nominee for the Commerce Department, argues that tariffs do not cause inflation and advocates for 'across-the-board' tariffs to create reciprocity in global trade.
Breitbart economics editor John Carney discusses former President Donald Trump's trade philosophy of 'reciprocity' and how tariffs were used as a negotiating tool against China. He refutes claims that tariffs would cause inflation and economic decline.