John Paul DeJoria on Trump's proposed 20% tax

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John Paul DeJoria joins "Erin Burnett OutFront" to offers his insights and reactions on the heels of Donald Trump's proposed 20% tax on Mexican imports
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I didn't vote for Trump and I don't like his stance on many issues but he is right on this one, we need tariffs to force production back to the US. Just lowering the corporate tax rate isn't enough because it is a race to the bottom regarding wages.

moqui
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Politics aside the cost will be passed on to the consumer.

the
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Please build the wall. I am gonnna raise the price on my product 40%. Increase profits. Thanks avg joe!

rexrip
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The imports from Mexico are virtually all from American companies that have factories in Mexico. Encouraging them to return to the US is well worth whatever pennies extra something is going to cost.

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