And if we find that countries have been involved in unfair trading practices like subsidies, excess capacity, allowing goods made with forced labor into their countries, we can quantify that harm to U.S. commerce and then try to resolve that issue with the country. If they can't resolve it or don't resolve it sufficiently, you can impose a tariff or fee or something like that. We're trying to move very quickly to your question. We're trying to move in a matter of months. And with that we can try to resolve some of these issues that have been plaguing the global trading system for many years. (08:19–08:25)
CLAIM
Asserts that unresolved unfair trading practices can lead to tariffs or fees.
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.