How did Trump's tariffs on China benefit the US?

'Kudlow' panelists Sen. Bill Hagerty and John Carney break down national relations under the Trump administration.

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[timothybickford]

This nation funded our government on Tariffs prior to the 1913. They should protect our citizens from unfair practices. We should not fund the CCP with our markets nor should we allow Mexico to get away with their complacency.

[smhbs]

PLEASE STOP BEING GULLIBLE FOR EVERYTHING YOU HAVE WATCHED IN ALL SIDES AND TOPICS AND START DOING A BIT OF RESEARCH AND DOUBT EVERYTHING UNTIL YOU HAVE

[bvjudrb]

Illegal Aliens, economy, housing…DO SOMETHING! I’m Homeless 68 yrs old

[stevenjamison]

Consumers pay for tariffs. Trump acts like China sent us checks for tariffs and it simply doesn't work like that.

[melchezi]

Tariffs dont work because they just have their product sent to other countries and then exported.

[binbi]

U.S. inflation will skyrocket if tariffs are imposed

[FrankGallagherr]

Who wants to see Biden gone and never seen again???

[bobgallo]

Larry, I hope you can be part of Trump's team in 2024 as you were in 2015.

[jwbjpb]

Tariffs don’t work. History shows this over and over

[dswarts]

Awesome discussion, also ❤ your jacket and necktie Mr Kudlow, posh and very cool !

[davidkwan]

How about reprosity for printing money?

[chqvwfo]

lies after the tariffs u and trump had to give heaps of money to the farming industry

[r.a.dalton]

I am a 69 year old retired moderate independent voter who believes President Trump had the right idea on this. Free trade is not necessarily the same thing as FAIR trade - a point often lost on the free trade proponents. The problem is almost always going to be the labor differential. When foreign workers are making only a tiny fraction of U.S. labor wages AND have virtually little to no benefits, how can trade EVER be fair? Also, what business can resist going to a foreign country, when by doing so they can pay less wages, no benefits and have the ability to be almost regulation free? Businesses move there for all these reasons and we do nothing to stop it - to the detriment of our own country. In order to compete against such countries, we would be forced to choose between impoverishing our citizens by drastically lowering their wages, eliminating benefits and degrading our environment or losing our industrial and manufacturing base. If we lose most of what remains of our manufacturing and industrial base, which tends to pay much better wages then service jobs, most of the American middle class will disappear in time. What good are cheaper imports if our citizens do not make enough income in order to be able to afford to buy them? Tariffs are one way of compensating for these differentials and to encourage business to continue producing items in the United States. Some countries, such as China, are almost totally amoral when it comes to trade with the United States. China, as an example, routinely steals our intellectual property and technology and violates patents. They also encourage predatory business practices like dumping in order to put our businesses OUT of business so they can take over. Much of what they have stolen from us has allowed them to expand both their technology base and increase their military's capabilities. Our trade policy should be to encourage free trade that is FAIR trade while continuing to maintain a vigorous industrial and manufacturing base in the United States that keeps our citizens employed. If China wants to trade with us then there is nothing prohibiting them, or any other industrial country for that matter, to build manufacturing plants IN the United States in order to sell here on a level playing field.

[tvoxlpk]

Nice and intelligent conversations, explanations, truthfulness

[mmedrano]

Well the trade tariffs were already used when Trump was President and the economy did just fine.

[petetimchal]

Its like a domino. The government makes money on tariffs and the company increases prices and the consumer pays the price.

[gtr]

To say inflation did not happen during the Trump years is complete fantasy. The lead time to get products from China increased from 6 weeks to 6 months or more during the Trump years. Inflation were 2 fold, TARRIFFS and shortages. . Copper increased 400% that included a 27.5% added tariff. The inflation was being realized in 2021 and 2022 but the materials and finished goods were purchased in 2020 due to the inherent lead time.I lived it through this because I am 35 veteran in supply chain mgt

[darkdan]

Do a skit on how xi granted ivanka exclusive patents in China...

[AmberBehage]

Tarries were invented to help USA businesses. I remember learning about it in history

[diana]

It’s funny how the comment section is swarmed with bots every time china is mentioned