That's why the United States is now applying tariffs to other countries. 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. And by the way, we had the lowest inflation and now we have very low inflation. (49:18–49:28)
CLAIM
Asserts that tariffs were used as a defense mechanism during Trump's first term.
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.