Holtz-Eakin: When Trump Was First President, He Did a Lot of Tariffs, the S&P Went Down into 20% Decline Then Did a U-Turn

RUSH TRANSCRIPT Lawrence Journey ░░░░░░░░ is the president of ░░░░░░░░ American action and former ░░░░░░░░ of the congressional budget ░░░░░░░░ First of all thank ░░░░░░░░ for being here Let ░░░░░░░░ start with tariffs Clearly ░░░░░░░░ markets hate tariffs we ░░░░░░░░ the dow closed down ░░░░░░░░ days this week Does ░░░░░░░░ present have a number ░░░░░░░░ s looking at on ░░░░░░░░ dower he says okay ░░░░░░░░ need to slow down ░░░░░░░░ this tariff talk HOLTZ ░░░░░░░░ Heheat have never announced ░░░░░░░░ a thing if you ░░░░░░░░ back to when he ░░░░░░░░ first president he did ░░░░░░░░ lot of tariffs the ░░░░░░░░ P got down into ░░░░░░░░ decline and did a ░░░░░░░░ turn backed off and ░░░░░░░░ of the steel and ░░░░░░░░ hopeful he carved out ░░░░░░░░ Mexico argentina Germany most ░░░░░░░░ still imports he s ░░░░░░░░ a history putting tariffs ░░░░░░░░ and then moderating back ░░░░░░░░ time.”