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Mike Rounds Says 'Stability' Needed As Trump Tariff Surprises Continue To Cause Uncertainty
Forbes Breaking News
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7 weeks ago
Sen. Mike Rounds (R-SD) discusses President Trump's tariffs.
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00:00
How are your constituents feeling about the President's tariff policy right now,
00:06
especially as he's talking about a 50% tariff on copper?
00:10
Is that something that your constituents would be comfortable with?
00:13
I think what we want to do is to put together on a national scale
00:18
of more copper being manufactured or processed here within the United States.
00:23
When we start talking about his process moving forward,
00:27
he's had a number of different opportunities in which he has said,
00:30
I'm going to put tariffs on, but I'm going to give people the opportunity to negotiate with us.
00:35
We're not going to complain about him trying to fix some of the problems we've got
00:39
with some of the critical minerals that we've got to be able to do more here in the United States.
00:43
But at the same time, it would be really good to get it behind us
00:46
and to get some stability into what we'll be looking at for tariffs.
00:50
Understand that we're still only six months into the administration,
00:53
but we'd like to get some stability.
00:55
The folks in my part of the country are more concerned about retaliation for tariffs that are put on.
01:01
We haven't seen them yet, but that's a concern they've got.
01:04
In the meantime, we'll give the President the opportunity to negotiate.
01:07
When he's done with his negotiations, hopefully this comes back down
01:10
and there's a stability in the market.
01:11
Is it time for the President to, on sanctions,
01:13
to come out forcefully and support this Russia sanctions bill and get off the sidelines?
01:18
I don't think he's been on the sidelines.
01:19
He hasn't supported it.
01:20
I don't think he's been on the sidelines.
01:22
His messaging with us has been one of,
01:24
I'm going to take a look at it.
01:26
I understand.
01:27
I want to find a peace process.
01:28
I don't want any more killing.
01:29
I want to find peace.
01:31
So, so far, I think you'll find in the Senate broad support for Ukraine.
01:35
I think the President trying to be a mediator just simply hasn't had the success that all of us had hoped he would have.
01:42
Now it's time to face the fact that Mr. Putin wants war.
01:46
He has no intentions of stopping, as many of us have said from day one.
01:50
And I think it's probably becoming more apparent to everybody.
01:53
So, you can't simply let him take over a free country.
01:56
Ukraine is our ally.
01:57
They are our friend.
01:58
They may not be part of NATO, but most certainly they're very important to a lot of us here in the United States.
02:03
Senator, Secretary Hegseth halted weapons shipment to Ukraine in that time Russia has bombarded the country several times.
02:09
What do you make of the halt and the fact that the President seemed to have no idea that it happened?
02:14
I can't explain the communications there.
02:16
All I can say is that we were very disappointed when we heard that there was going to be a halt in it.
02:20
We believe that's been corrected.
02:22
We believe the shipments are back on path again.
02:24
And we hope it does not happen again.
02:26
Do you think Hegseth has handled this appropriately?
02:28
That'll be up for the President.
02:30
He's the Commander-in-Chief.
02:31
The President is the Commander-in-Chief and Secretary Hegseth serves at his pleasure.
02:40
Thank you, Senator.
02:41
Thank you, Senator.
02:42
Thank you, Senator.
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