Former UK Defense Minister Sir Gerald Howarth says Trump has a point on tariffs but should apply them more selectively, not indiscriminately.
#Trump #Tariffs
#Trump #Tariffs
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00:00Okay, so Gerald let me turn to you picking up on what Scotty just said there and we've heard from President Trump
00:06He says for decades our country's been looted pillaged raped and plundered by nations both near and far
00:13Friend and foe alike has he and Scotty saying these tariffs are mathematically fair. Have they got a point?
00:20I do think to a certain extent there is a limited point. The truth is that other countries have
00:28Subsidized particularly manufacturing and one thinks immediately, of course of the People's Republic of China and
00:36once they have
00:38Dominated a market, of course, they're then in a very powerful position to determine the cost of the product
00:46So I have some
00:48limited sympathy
00:50From that point of view and would agree with Scotty to that extent
00:54I don't actually think that it is going to be in the long-term interests of the United States
01:00to
01:02impose these sweeping
01:04tariffs a
01:06different range of tariffs for different countries
01:09Across the world. I think it's a it's a scattergun approach. Whereas what I think the United States might have been more beneficially
01:17Inclined to do would be to target particular countries where there is unfair trade and
01:24Fairness, I know is what President Trump has been very keen to articulate and