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Ron Johnson: “Tariffs are a double-edged sword. I would argue a somewhat…”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

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Senate Finance Committee Discussion on Trade Deficits and Tariff Policies with Ambassador Greer

Published | Video Starts at 01:12

I'm hoping you're very, and I hope you and the President are very sensitive about companies potentially going bankrupt by these actions. Again, we want fair trade, but I hope you recognize, you know, Tariffs are a double-edged sword. I would argue a somewhat blunt instrument. A question I have for you. There's no doubt that we have offshored some very crucial products. Pharmaceuticals, high end semiconductors, you know, rare earth minerals. (01:12–01:23)

CLAIM

Asserts that tariffs have both positive and negative effects and are an imprecise tool.

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.


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