CSPAN - Washington Journal Rep. John McGuire
Aired: 2025-04-02
Duration: 01:56


=== Tariffs and Trade Imbalance (01:55) ===

[00:00:00]  That come from so many different countries.
[00:00:02]  You know, there's a widget from Japan, there's steel from China.
[00:00:07]  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.
[00:00:17]  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.
[00:00:25]  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.
[00:00:45]  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.
[00:00:53]  You can find the work of our guest and his colleagues at nationaljournal.com/slash hotline, Kurt Beto, the editor of the hotline.
[00:01:01]  Mr. Beto, thanks for your time this morning.
[00:01:03]  Really appreciate it.
[00:01:04]  Thank you all for having me.
[00:01:05]  Have a good one.
[00:01:06]  Joining us for a brief bit to talk about issues of Capitol Hill is Representative John McGuire, Representative Virginia.
[00:01:11]  He serves the 5th District, also a member of the Oversight and Government Reform Committees.
[00:01:16]  Representative McGuire, good morning.
[00:01:18]  Thanks for joining us.
[00:01:19]  Hey, good morning, Pedro.
[00:01:20]  Thanks for having me this morning.
[00:01:21]  Tariffs, the topic of the day.
[00:01:23]  What's your take on what the administration might propose and what ultimately results from that plan?
[00:01:30]  Sure.
[00:01:30]  Well, today's the big day.
[00:01:31]  And, you know, you've heard President Trump talk about President McKinley and how he used tariffs to make America very wealthy.
[00:01:38]  You know, many countries for too long have been taking advantage of our country.
[00:01:42]  And these tariffs are going to make, I think it's going to level the playing field and make business fair.
[00:01:48]  And I'll give you an example.
[00:01:49]  You probably just heard the news that Israel has announced that they're going to eliminate all tariffs on American goods and services.