CNN anchor Kate Bolduan pressed Kevin Hassett on the contradictions in President Trump's tariff strategy, questioning the rationale behind pausing tariffs. Despite significant market downturns following Trump's tariff announcements, Hassett defended the administration's two-phase approach: addressing drug-related issues at the border first and then transitioning to reciprocal trade negotiations. With looming deadlines for new tariffs, Bolduan highlighted the confusion surrounding Trump’s initial commitment to tariffs, prompting skepticism about future trade policies.
BOLDUAN: If he believes in tariffs so much, why would he remove them? Why would he not just keep them in place?
HASSETT: The first phase is to go after the border and fentanyl... The reciprocal trade phase, then we're going to look at things like, you know, what’s going on with the trade deficit.
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