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Barack Obama: “Almost every economist who has looked at [Trump's tariff…”

Featuring: Barack Obama, Democratic | 44th President of the United States | National

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Barack Obama campaigning for Kamala Harris, Milwaukee, Wisconsin

Published | Video Starts at 16:08

In the meantime, Trump's other big idea is to slap a tariff on everything from food to TVs. Now, Almost every economist who has looked at [Trump's tariff idea] says, that won't lower prices. That makes prices higher. And when he's challenged on this point, Trump will brag about, well, look at gas prices. They were $2 a gallon when I was in office. You know why gas was so cheap? (16:08–16:18)

CLAIM

Asserts that economists believe Trump's tariff plan would raise prices.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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