Former UK Defense Minister Sir Gerald Howarth says the US must cut its debt, but tariffs on trading partners won’t achieve that goal.
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00:00So, all we're going to engage in is a trade war, and I do agree with Scotty.
00:04She has said something very important, and that is the level of U.S. debt, and that should
00:09concern not just the taxpayers and the people of the United States, that should concern
00:16everybody around the world, because the United States is the most powerful economy.
00:21If the United States cannot fund its debt, then we are all in very, very severe trouble.
00:27So I understand the need to cut the debt.
00:31I don't understand how this series of measures is going to deliver upon that very important
00:38objective.