Tariffs have jacked up prices, costing families an average of 1000 bucks a year. Businesses of all sizes are facing higher costs and massive uncertainty too. Last year America had its worst manufacturing trade deficit ever, while China clocked their highest trade surplus ever, $1.2 trillion. I'm hopeful that last week's Supreme Court decision will force Congress and the President to work out a more strategic trade policy. (11:28–11:41)
CLAIM
Asserts that the U.S. had its worst manufacturing trade deficit ever last year, while China had its highest trade surplus ever at $1.2 trillion.
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