… the countries that rely most heavily on us, the most export dependent economies, like China, like India, like Europe, like Vietnam, like Indonesia, like Malaysia, like Thailand, all of these Countries that rely most heavily on us... have no choice other than to lower their prices when we raise our tariffs. And so we don't see inflation coming in. So I look the domestic industry, the businesses are elated with the protection we're giving them across the board. (22:41–23:04)
CLAIM
Asserts that export-dependent countries lower prices when U.S. tariffs are raised.
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.
