‘Insane’ Trump Has No Idea How to Impose Tariffs

Sen. Chris Murphy (D-Conn.) said Sunday on NBC's “Meet the Press” that President-elect Donald Trump “has no idea how he's going to impose tariffs.”

Host Kristen Welker said: “Let's move on to tariffs. I want to know your reaction to this big headline. President-elect Donald Trump threatened to impose tariffs on Canada, Mexico, and China. It's important to note that we maintain the policy and impose tariffs on that basis. Do we know that that's good policy?”

“Donald Trump has no idea how to impose tariffs or create American jobs, but he did impose tariffs that cost us manufacturing jobs,” Murphy said. Joe Biden knows how to use tariffs in conjunction with subsidies and incentives for domestic manufacturing, increasing manufacturing jobs during his presidency. The headline here is that Donald Trump's entire economic policy is about massive tax cuts for the billionaires who have been in charge of his cabinet, and that tariffs are a distraction from what the real agenda is. The government will dramatically increase the wealth of ministers and their ministerial friends, increasing the burden on ordinary Americans while billionaires flee Scotland. ”