Tammy Baldwin: “Trump imposed 145% tariffs [on a product from China].”

“Small businesses. I heard from one that was ordering a product from China, they had already placed the order for the product that was an input for what they make. And Trump imposed 145% tariffs [on a product from China]. So he was going to have to pay a tariff to collect his input that was more than the cost of the product to begin with and had to take out a loan with a 9% interest rate from his bank.” (18:42–18:48)

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.