So if I charge 25%, you've got to sell less. Yes. Right. Because everyone, otherwise, you just raise your price forever. So there's a price where. So we knew that 15% was the maximizing number where you do the most trade with Europe. and that's the highest price you could charge without denting that trade. Yeah. So America would make the most money. So Donald Trump and I went over that before the meeting. (25:39–25:45)
CLAIM
Asserts that a 15% tariff is optimal for maximizing trade with Europe.
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.
