And so there are a lot of things outside of tariffs, but tariffs are very important. But there are a lot of things like opening up countries that were totally closed. China is essentially a closed country. In fact, it is a closed country. And what they do is they charge tariffs so that if you, if you sell cars or if you sell anything, nobody is going to buy it because the price is out of control. (12:29–12:33)
CLAIM
Asserts that China operates as a closed country economically.
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