Ted Cruz: “The threat of tariffs or the temporary imposition of tariffs…”

“I believe between the two, that free trade has produced far better economic growth. Now, I'm going to give you the caveat and where Trump has changed my mind. I think President Trump has demonstrated that The threat of tariffs or the temporary imposition of tariffs is one of, if not the most potent diplomatic and negotiating tool the President has. And what we have seen is the President has used the threat of tariffs to encourage incredible effect. And it has worked.” (11:14–11:30)

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.