In a recent CNN interview, anchor Dana Bash challenged Secretary of Commerce Howard Lutnick on the economic implications of tariffs imposed by President Trump. Following a press conference where Trump announced new tariffs, Bash highlighted the immediate impact on imports and associated job losses, questioning how such economic strain could be seen as beneficial. Lutnick's defense focused on correcting trade deficits and fostering negotiations with foreign markets, yet Bash remained skeptical, emphasizing the realities faced by American workers and consumers amidst these policy changes.
I do want to ask about the fact that there are no ships carrying goods from China bound for the west coast right now.
The tariffs were designed to get countries to negotiate with us and bring those rates down by opening your markets to Americans who can export.
Bash asked about how people in the United States actually feel, and the immediate affect on them, if fixing what the president sees as a problem means that the American people... are just going to have to suffer in the short term.
President Trump said earlier this week that drops in imports is actually a good thingbecause it shows that the tariffs are working, but in reality it's going to affect people's wallets and jobs.
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