And much as these tariffs were for many years applied to us, uncontrollably applied to us, we've used tariffs as a defense mechanism under the Trump administration, including my first term, where Hundreds of billions of dollars in tariffs were taken in [under the Trump administration]. And by the way, we had the lowest inflation, and now we have very low inflation. The only thing different is that we have hundreds of billions of dollars flowing into our country. (48:47–49:07)
CLAIM
Asserts that hundreds of billions of dollars in tariffs were collected under the Trump administration.
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.
