Former Undersecretary of State for Economic Growth Bob Hormats unpacks the president-elect's economic policy on ‘The Claman …
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Former Undersecretary of State for Economic Growth Bob Hormats unpacks the president-elect's economic policy on ‘The Claman …
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23 comments
That's BS, China will be paying the tarrifs!
We have a 680 billion trade deficit with China. Tit for tat, we can out tariff China!
Go ahead and make everything here, see how things go.
Everything this guy warned against doing Chump is going to do , couldn't happen to a nicer country 🇺🇸 SUCKS 😅
👉🏻👉🏼👉🏽 America calls it "Liberation" instead of "Invasion". That was what US call it in Iraq, Afghanistan, Libya, Syria, Yemen, Somalia and the list goes on… Why the double standard? Confused… Please enlighten. Genuine question…
Instances of the United States "liberated" or overthrowing, or attempting to overthrow, a foreign government since the Second World War. (* indicates successful ouster of a government)
China 1949 to early 1960s
Albania 1949-53
East Germany 1950s
Iran 1953 *
Guatemala 1954 *
Costa Rica mid-1950s
Syria 1956-7
Egypt 1957
Indonesia 1957-8
British Guiana 1953-64 *
Iraq 1963 *
North Vietnam 1945-73
Cambodia 1955-70 *
Laos 1958 *, 1959 *, 1960 *
Ecuador 1960-63 *
Congo 1960 *
France 1965
Brazil 1962-64 *
Dominican Republic 1963 *
Cuba 1959 to present
Bolivia 1964 *
Indonesia 1965 *
Ghana 1966 *
Chile 1964-73 *
Greece 1967 *
Costa Rica 1970-71
Bolivia 1971 *
Australia 1973-75 *
Angola 1975, 1980s
Zaire 1975
Portugal 1974-76 *
Jamaica 1976-80 *
Seychelles 1979-81
Chad 1981-82 *
Grenada 1983 *
South Yemen 1982-84
Suriname 1982-84
Fiji 1987 *
Libya 1980s
Nicaragua 1981-90 *
Panama 1989 *
Bulgaria 1990 *
Albania 1991 *
Iraq 1991
Afghanistan 1980s *
Somalia 1993
Yugoslavia 1999-2000 *
Ecuador 2000 *
Afghanistan 2001 *
Venezuela 2002 *
Iraq 2003 *
Haiti 2004 *
Somalia 2007 to present
Honduras 2009 *
Libya 2011 *
Syria 2012
Ukraine 2014 *
2014 – 2022 – 6 countries yet to verify.
Pakistan 2022 *
Haiti 2022 *
Tariffs like the ones that donOLD wants to set up would have worked post ww2 when we did manufacture everything that a American consumer would want. But in 2025 it's a stupid idea.
Congratulations too all Trump / Maga voters, he told the truth all the way
Why you think USA move their in business the first place taxes cuts and cheap labor cmon people are really dummies.
Elect him first, then ask questions. What a smart way to do things.
It will drive prices higher than ever. Trump blew it again
Funny, why our military buy all kinds of supplies, parts, equipments, etc. from China?
Fafo
They know China more than the Chinese 😅
China can buy produce from Mexico and South America. Unless it is for war equipment, nobody needs the USA.
Trump lied, Gina will not pay the tariffs. The American populous will
1000% tariff on each other nation is a must. US farmers can always sell farm goods to Brazil. Brazil can then sell to China. Use Brazil as the middle guy.
Trump is putting tarrifs on imports from ALL countries not just China – Europe, Mexico, Canada, Australia, etc, etc – ALL in imports will increase in price.
The American farmers, who mostly voted for Trump, are among those most at risk of being harmed by his tariff policies. Oh, the irony. 😄
China don’t need Taiwan They can make their own. Tech
Chips .
This is why Putin wanted Trump to be the U.S. president. He doesn't even understand tariffs.
USA remains the biggest reality comedy on TV.
Divide and conquer… Thank God I'm not American.
The department of government efficiency that has two kings at the top. The height of efficiency.
The U.S. will never win a trade war against China and the rest of the world. China, alone, is more than four times the size of the U.S. and Trump is allowing them to become the leader in renewables. Prepare for much higher prices.