I mean, they don't consume anything. All they do is export and flood and distort markets, in addition to all the tariffs and barriers they put in place. So The President rightly has concluded that the current status of global trade is bad for America and good for a bunch of other people. And he's going to reset it, and he's absolutely right to do it. A short time ago, America's top diplomats acknowledged that markets are crashing after President Trump unveiled a slate of tariffs on almost every country that trades with the United States. (01:17–01:25)
CLAIM
Asserts that the current global trade system is unfavorable to the United States.
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.
