You know, first, the first hundred days, low stock market since Richard Nixon, not usually a measure people are shooting for. On tariffs, the fact that last year we had an effective rate about 2 1/2 percent. I think The Yale budget Lab has said that [the] effective [tariff] rate is closer to 28%, the highest since 1901. I know some of that's changed because the tariffs are on again, off again. Some on again, some off again. Somewhat chaotic, I believe, as your term is. (00:25–00:33)
CLAIM
Asserts that the Yale budget Lab reported the effective tariff rate is about 28%, the highest since 1901.
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.
