… an end, that rather views tariffs as an objective, as a good economic outcome, that we have high tariffs forever. And if that contingent prevails, I worry next year that If we have really high tariffs that the US has put in place and if our trading partners have really high tariffs, retaliatory tariffs, that we could end up going into a recession. the economy could turn downhill. And if that happens, that could lead to a really rough election. (12:16–12:27)
CLAIM
Asserts that high tariffs could lead to a recession.
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.
