Donald Trump's Trade Philosophy and Tariffs
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.
Key Points
- Tariffs were effective in addressing unfair trade practices by China
- Inflation remained low despite the use of tariffs
- Reciprocity was a key principle in Trump's trade philosophy
Pros
- Tariffs used as a negotiating tool against unfair practices by China
- No significant inflation or economic decline during Trump's term
- Focus on reciprocity in trade relationships