00:00What is the plan?
00:04In the last week, the White House has been all over the map when it comes to this question.
00:10There is no clear message of how the tariffs were determined, what they're supposed to
00:15accomplish, how long they'll be in place, whether they're a negotiating tool or a move
00:21to try and cut the United States off from global trade and usher in a new era of 1870s
00:29style protectionism.
00:31Nearly 50 countries have approached me personally to discuss the President's new policy and
00:35explore how to achieve reciprocity and they've spoken with many members of the administration.
00:39Several of these countries such as Argentina, Vietnam, India and Israel have suggested that
00:43they will reduce their tariffs and non-tariff barriers in line with the President's policy
00:48and these obviously are welcome moves.
00:50We must move away from an economy that's based solely on government spending and the financial
00:54sector and we must become an economy based on producing real goods and services that provide
00:59jobs for working class and middle class Americans in their communities.
01:02This adjustment may be challenging at times and in a moment of drastic overdue change, I'm
01:07confident, I'm certain that the American people can rise to the challenges they've done before.
01:12The trade deficit has been decades in the making and it's not going to be solved overnight.
01:16There was about 500 countries.
01:18There's about 500 countries that went to the sua Moses-川
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