Sen. Kennedy: ‘With Tariffs, an Eye for an Eye, Just Leaves Both People Blind’

SCARBOROUGH Let s bring ░░░░░░░░ our Republican Senator John ░░░░░░░░ of Louisiana He serves ░░░░░░░░ the Banking and Budget ░░░░░░░░ Senator very very grateful ░░░░░░░░ you to be on ░░░░░░░░ to talk about tariffs ░░░░░░░░ about the economy but ░░░░░░░░ me start where I ░░░░░░░░ talking with Christine Romans ░░░░░░░░ you have oil going ░░░░░░░░ 60 per barrel that ░░░░░░░░ impacting states like Louisiana ░░░░░░░░ an awful lot About ░░░░░░░░ quarter as you know ░░░░░░░░ quarter of your Louisiana ░░░░░░░░ economy comes from jobs ░░░░░░░░ the oil and gas ░░░░░░░░ 300 000 employers You ░░░░░░░░ go on and on ░░░░░░░░ the bigger problem is ░░░░░░░░ suggests that some of ░░░░░░░░ smartest minds across the ░░░░░░░░ are betting on a ░░░░░░░░ What are you saying ░░░░░░░░ your business leaders when ░░░░░░░░ re calling you about ░░░░░░░░ this goes next Kennedy ░░░░░░░░ this is what I ░░░░░░░░ telling them With tariffs ░░░░░░░░ eye for an eye ░░░░░░░░ leaves both people blind ░░░░░░░░ a government imposes a ░░░░░░░░ it s putting its ░░░░░░░░ on the scale It ░░░░░░░░ with people s freedom ░░░░░░░░ exchange goods and services ░░░░░░░░ countries China the best ░░░░░░░░ have used trade barriers ░░░░░░░░ a weapon to hurt ░░░░░░░░ American economy You said ░░░░░░░░ God created the world ░░░░░░░░ else is made in ░░░░░░░░ President Trump decided to ░░░░░░░░ try to change this ░░░░░░░░ he as we know ░░░░░░░░ imposed dramatically higher American ░░░░░░░░ on these countries But ░░░░░░░░ at least for me ░░░░░░░░ extraordinary thing happened We ░░░░░░░░ 195 countries in the ░░░░░░░░ probably 40 percent have ░░░░░░░░ forward and instead of ░░░░░░░░ up and fighting they ░░░░░░░░ said We want to ░░░░░░░░ our tariffs Will you ░░░░░░░░ yours I frankly never ░░░░░░░░ that coming I think ░░░░░░░░ is a wonderful opportunity ░░░░░░░░ I don t want ░░░░░░░░ feign understanding I do ░░░░░░░░ know what the president ░░░░░░░░ going to do next ░░░░░░░░ s an internal debate ░░░░░░░░ going on inside and ░░░░░░░░ the White House I ░░░░░░░░ just tell you what ░░░░░░░░ would do Joe I ░░░░░░░░ pounce on this opportunity ░░░░░░░░ a ninja And I ░░░░░░░░ use this as an ░░░░░░░░ to reduce or in ░░░░░░░░ cases Taiwan Vietnam the ░░░░░░░░ Union go to zero ░░░░░░░░ tariffs And then we ░░░░░░░░ have free trade let ░░░░░░░░ best product at the ░░░░░░░░ price win But I ░░░░░░░░ t want to mislead ░░░░░░░░ I don t know ░░░░░░░░ the president s going ░░░░░░░░ do next I know ░░░░░░░░ I hope he does.”