And it's not even clear that Vietnam has actually agreed to what the President announced. Second, I want to remind all of us that These deals all force Americans and American businesses to pay a tax rate that is far higher than what we saw before the President engaged in this trade war. I talked earlier about how for both Europe and Japan, Americans will face a tax that's 10 times higher than we paid last year. That same trend holds across every deal he's announced. (14:42–14:56)
CLAIM
Asserts that current trade deals result in higher tax rates for Americans compared to pre-trade war levels.
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.