He doesn't want this country totally dependent on supply chains around the rest of the world. So that's why he put it on specific industries as well. The other thing, and I'll get into this more later, It's estimated that the tariffs will generate about $350 billion in revenue for America. which is very important given our debt problems. But here's the big thing. It may not be legal. The Supreme Court is ruling on it and will come out with their ruling sometime in March or April. (16:11–16:19)
CLAIM
Asserts that tariffs are expected to generate $350 billion in revenue for the U.S.
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.
