| Speaker | Time | Text |
|---|---|---|
| That come from so many different countries. | ||
| You know, there's a widget from Japan, there's steel from China. | ||
| There's so many different things that go into even just a car from so many different countries that a tariff on one of those is going to raise the price astronomically. | ||
| And I think that you hit on a point here that we the trade imbalance that Trump talks about a lot is concerning and it does need to be addressed. | ||
| But I think Republicans and Democrats alike on the Hill and a lot of economists as well are worried that this sort of your curial approach to tariffs that Trump is approaching, this kind of hodgepodge, using it as a strong-arm real estate negotiating tactic and then following through with it is not necessarily the way to do that. | ||
| You know, we're going to learn a lot more about the fallout from those later this afternoon once Trump starts signing those executive orders, levying those tariffs. | ||
| You can find the work of our guest and his colleagues at nationaljournal.com/slash hotline, Kurt Beto, the editor of the hotline. | ||
| Mr. Beto, thanks for your time this morning. | ||
| Really appreciate it. | ||
| Thank you all for having me. | ||
| Have a good one. | ||
| Joining us for a brief bit to talk about issues of Capitol Hill is Representative John McGuire, Representative Virginia. | ||
| He serves the 5th District, also a member of the Oversight and Government Reform Committees. | ||
| Representative McGuire, good morning. | ||
| Thanks for joining us. | ||
|
unidentified
|
Hey, good morning, Pedro. | |
| Thanks for having me this morning. | ||
| Tariffs, the topic of the day. | ||
| What's your take on what the administration might propose and what ultimately results from that plan? | ||
|
unidentified
|
Sure. | |
| Well, today's the big day. | ||
| And, you know, you've heard President Trump talk about President McKinley and how he used tariffs to make America very wealthy. | ||
| You know, many countries for too long have been taking advantage of our country. | ||
| And these tariffs are going to make, I think it's going to level the playing field and make business fair. | ||
| And I'll give you an example. | ||
| You probably just heard the news that Israel has announced that they're going to eliminate all tariffs on American goods and services. |