Gutfeld to Watters and Harold Ford Jr. Getting into a Heated Debate on Tariffs: ‘We’d Have to Get You Two a Room’

WATTERS Sorry It all ░░░░░░░░ back to Joe GUTFELD ░░░░░░░░ Harold I know it ░░░░░░░░ only 5 04 50 ░░░░░░░░ in your face early ░░░░░░░░ we sat here and ░░░░░░░░ about the stock market ░░░░░░░░ never going to come ░░░░░░░░ up And here we ░░░░░░░░ FORD JR Well first ░░░░░░░░ all it s good ░░░░░░░░ be back around the ░░░░░░░░ Happy Mother s Day ░░░░░░░░ belated to everyone What ░░░░░░░░ argued and debated about ░░░░░░░░ whether the three goals ░░░░░░░░ the president laid out ░░░░░░░░ the outset of this ░░░░░░░░ was three things I ░░░░░░░░ one to reshore manufacturing ░░░░░░░░ the United States Two ░░░░░░░░ raise tremendous amounts of ░░░░░░░░ At one point President ░░░░░░░░ I believe said that ░░░░░░░░ could raise upwards of ░░░░░░░░ 600 billion worth of ░░░░░░░░ in a year and ░░░░░░░░ a four year period ░░░░░░░░ can do the math ░░░░░░░░ he was talking about ░░░░░░░░ Four reduce our reliance ░░░░░░░░ China and supply chains ░░░░░░░░ of the country Jesse ░░░░░░░░ your point about Adam ░░░░░░░░ reducing our ability or ░░░░░░░░ should say preventing nations ░░░░░░░░ dumping goods in America ░░░░░░░░ would allow our domestic ░░░░░░░░ to grow and to ░░░░░░░░ That is one of ░░░░░░░░ primary reasons if not ░░░░░░░░ reason you impose tariffs ░░░░░░░░ don t make the ░░░░░░░░ that we are blocking ░░░░░░░░ from bringing in or ░░░░░░░░ that matter other places ░░░░░░░░ wish we did more ░░░░░░░░ it In fact that ░░░░░░░░ what we WATTERS We ░░░░░░░░ t make steel FORD ░░░░░░░░ No no But we ░░░░░░░░ to be prepared WATTERS ░░░░░░░░ don t make automobiles ░░░░░░░░ JR We do but ░░░░░░░░ parts and automobiles come ░░░░░░░░ all across the world ░░░░░░░░ WATTERS No I understand ░░░░░░░░ That s why we ░░░░░░░░ trying to protect them ░░░░░░░░ China can t dump ░░░░░░░░ FORD JR Understand But ░░░░░░░░ we were making them ░░░░░░░░ have to be making ░░░░░░░░ WATTERS Okay so what ░░░░░░░░ the 5 trillion investment ░░░░░░░░ that have come in ░░░░░░░░ manufacturing FORD JR They ░░░░░░░░ great WATTERS 5 trillion ░░░░░░░░ investment commitments for high ░░░░░░░░ manufacturing FORD JR The ░░░░░░░░ important crosstalk WATTERS Automobiles ░░░░░░░░ aerospace defense Harold FORD ░░░░░░░░ But Jesse they re ░░░░░░░░ We don t have ░░░░░░░░ workforce We don t ░░░░░░░░ the factories We don ░░░░░░░░ have the capacity I ░░░░░░░░ it But the truth ░░░░░░░░ the matter Adam Smith ░░░░░░░░ right And you should ░░░░░░░░ it more closely Finally ░░░░░░░░ we think about MCENANY ░░░░░░░░ burn FORD JR As ░░░░░░░░ think about as we ░░░░░░░░ and I don t ░░░░░░░░ to be critical but ░░░░░░░░ we think about the ░░░░░░░░ I think we agree ░░░░░░░░ Adam Smith was right ░░░░░░░░ JR We do And ░░░░░░░░ much so that we ░░░░░░░░ not even close to ░░░░░░░░ he was talking about ░░░░░░░░ We should get Adam ░░░░░░░░ on the show WATTERS ░░░░░░░░ should FORD JR But ░░░░░░░░ what happened Greg He ░░░░░░░░ blinked on tariffs That ░░░░░░░░ why the markets come ░░░░░░░░ But the challenge is ░░░░░░░░ have punished supply chains ░░░░░░░░ ve made it difficult ░░░░░░░░ small and big businesses ░░░░░░░░ forecast how they re ░░░░░░░░ to invest whom they ░░░░░░░░ going to hire and ░░░░░░░░ prices I hope I ░░░░░░░░ wrong but you know ░░░░░░░░ validates what I m ░░░░░░░░ You ought to get ░░░░░░░░ to ask you what ░░░░░░░░ Smith said about setting ░░░░░░░░ WATTERS So you re ░░░░░░░░ than Scott Bessent and ░░░░░░░░ re smarter than Lutnick ░░░░░░░░ Donald Trump FORD JR ░░░░░░░░ you WATTERS And all ░░░░░░░░ people that are cheering ░░░░░░░░ trade deal they re ░░░░░░░░ FORD JR But they ░░░░░░░░ saying they love the ░░░░░░░░ that we we removed ░░░░░░░░ from a tariff war ░░░░░░░░ China I m not ░░░░░░░░ I m smart WATTERS ░░░░░░░░ re still at war ░░░░░░░░ have 30 to 40 ░░░░░░░░ tariffs We have a ░░░░░░░░ tariff FORD JR I ░░░░░░░░ not saying I m ░░░░░░░░ than Scott Bessent I ░░░░░░░░ not saying I m ░░░░░░░░ than any people But ░░░░░░░░ do know one one ░░░░░░░░ I don t work ░░░░░░░░ Donald Trump So I ░░░░░░░░ tell you what I ░░░░░░░░ is a fact WATTERS ░░░░░░░░ kind of when you ░░░░░░░░ on The Five laughter ░░░░░░░░ JR Him blinking on ░░░░░░░░ and China blinking on ░░░░░░░░ has helped the market ░░░░░░░░ back and give us ░░░░░░░░ certainty GUTFELD Okay you ░░░░░░░░ we re going to ░░░░░░░░ to get you to ░░░░░░░░ room Kayleigh you re ░░░░░░░░ for two So go ░░░░░░░░ MCENANY I am Yes ░░░░░░░░ am A big one ░░░░░░░░ Thank you You know ░░░░░░░░ there are things that ░░░░░░░░ need to make And ░░░░░░░░ know this because I ░░░░░░░░ in the White House ░░░░░░░░ 2020 and I was ░░░░░░░░ when our strategic —“