Senator Rand Paul has voiced strong opposition to the tariffs set to be implemented by President Trump, predicting negative consequences for various industries, particularly auto manufacturing and bourbon in Kentucky. He argues that tariffs harm the U.S. economy and inflation rates while highlighting public concern over rising prices. Paul challenges the justification of tariffs based on national security, asserting that trade has historically benefited the U.S. and fostered global relationships. He warns that the immediate impact of tariffs could significantly increase vehicle costs amid existing inflation challenges.
I think tariffs are bad for any country, and I think they'd be bad for America, and economically, I think it'll hurt us.
If he puts the tariffs on now, there's some people estimating that a car can cost five to ten thousand dollars more because of tariffs.
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