Trump hits back at US Chamber of Commerce on tariffs

Make sure to let us know what you think... we now have comments turned ON below the article!

President Donald Trump has received extraordinary criticism for his use of tariffs as an economic tool against America’s trading partners to correct imbalances, particularly following his recent threat of tariffs on imports from Mexico to spur concessions on border security and illegal immigration issues.

The U.S. Chamber of Commerce is an institution that has stood vocally opposed to Trump’s use of tariffs, but Trump just threatened to cancel his own membership if it persisted in being incapable of recognizing and accepting the success of his tactics to economically strengthen the United States.

Trump fires back

President Trump called in to CNBC’s Squawk Box on Monday in response to an interview earlier in the day with Myron Brilliant, head of international affairs for the U.S. Chamber of Commerce, who warned that Trump’s “weaponization of tariffs” would ultimately “hurt our country.” Asked for his response to what had been said, the president joked about his critic’s name and replied, “Well, I guess he’s not so brilliant.”

“Look, without tariffs we would be captive to every country, and we have been for many years, that’s why we’ve had an $800 billion deficit for years,” he said. “We lose a fortune with virtually every country. They take advantage of us in every way possible and the U.S. Chamber is right there with them.”

“And I’m a member of the U.S. Chamber, maybe I’ll have to rethink that, because when you look at it, the chamber is probably more for the companies and the people that are members than they are for our country, because without tariffs we would be absolutely — outside of something I won’t even mention — we would be absolutely at a competitive disadvantage the likes of which you’ve never seen,” he added.

Tariffs as bargaining tool

“People haven’t used tariffs, but tariffs are a beautiful thing when you’re the piggy bank, when you have all the money and everyone’s trying to get our money — China — and the China deal is gonna work out. You know why? Because of tariffs, because right now China is getting absolutely decimated by companies that are leaving China, going to other countries, including our own, because they don’t want to pay the tariffs,” Trump said.

Following some discussion about the recent deal struck with Mexico to avoid the threatened tariffs, the conversation shifted back to the U.S. Chamber of Commerce. Trump said of Brilliant, “He’s protecting companies that are members … he’s not protecting our country.”

“He’s doing a very big disservice, and frankly, I’ve never had support from the U.S. Chamber of Congress because they know where I stand on these things,” he said. “I don’t need money, I don’t care how things are, the only thing I care about is our country, and he’s protecting all of those companies that are members that like it just the way they are, and they have companies in Mexico and they have companies in China.”

Chamber’s skewed priorities

President Trump proceeded to reference the U.S. Chamber of Commerce several more times throughout the nearly 30-minute interview, and at one point said directly, “If we didn’t have tariffs, we wouldn’t have made a deal with Mexico.”

Trump took one final shot at the U.S. Chamber of Commerce as the interview ended, and said, “They have to start representing the United States, not just the companies that are members of the U.S. Chamber of Commerce.”

The U.S. Chamber of Commerce was once viewed as an institution that stood up in defense of American businesses and workers. However, over the years, that institution has come to embrace the multi-national, globalist view of the economy that has prevailed over the past couple decades to the detriment of American businesses and workers.

Trump’s economic nationalism poses a threat to that globalist view, hence the sharp criticisms, but Trump quite obviously isn’t swayed by the opposition and intends to keep using whatever means are at his disposal — including tariffs — to improve America’s competitive stance in the world economy.

226 Responses

  1. I truly wanted to compose a simple comment so as to say thanks to you for all the magnificent instructions you are writing at this website. My long internet research has at the end of the day been compensated with brilliant suggestions to go over with my contacts. I ‘d point out that many of us visitors actually are truly endowed to live in a fabulous community with so many perfect professionals with insightful methods. I feel rather privileged to have encountered the website page and look forward to tons of more awesome times reading here. Thanks once more for a lot of things.

  2. Thanks for all your valuable effort on this web site. My mom really loves participating in research and it’s really easy to see why. We all hear all regarding the lively manner you make valuable guides through your web blog and therefore recommend response from other ones on this area and our simple princess is without question understanding a great deal. Enjoy the remaining portion of the year. You have been doing a fantastic job.

  3. I have read several good stuff here. Definitely worth bookmarking for revisiting. I wonder how much effort you put to create such a magnificent informative website.

  4. Greetings I am so glad I found your blog, I really found you by accident, while I was browsing on Google for something else, Nonetheless I am here now and would just like to say many thanks for a marvelous post and a all round exciting blog (I also love the theme/design), I dont have time to look over it all at the moment but I have bookmarked it and also included your RSS feeds, so when I have time I will be back to read a great deal more, Please do keep up the excellent job.

  5. I have been exploring for a little bit for any high quality articles or weblog posts in this kind of house . Exploring in Yahoo I eventually stumbled upon this website. Studying this information So i am happy to express that I’ve an incredibly good uncanny feeling I discovered just what I needed. I most for sure will make certain to dont forget this site and give it a glance regularly.

  6. I’ve been browsing on-line greater than three hours as of late, but I by no means discovered any interesting article like yours. Its lovely worth sufficient for me. In my opinion, if all website owners and bloggers made just right content material as you probably did, the internet will be much more useful than ever before.

  7. Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You definitely know what youre talking about, why throw away your intelligence on just posting videos to your site when you could be giving us something enlightening to read?

  8. Do you mind if I quote a few of your posts as long as I provide credit and sources back to your weblog? My blog is in the very same area of interest as yours and my users would definitely benefit from some of the information you present here. Please let me know if this ok with you. Cheers!

  9. Nice blog here! Additionally your web site loads up very fast! What host are you the usage of? Can I get your affiliate hyperlink to your host? I want my web site loaded up as fast as yours lol

  10. I was curious if you ever considered changing the layout of your website? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having 1 or two pictures. Maybe you could space it out better?

  11. you’re truly a just right webmaster. The web site loading velocity is amazing. It sort of feels that you’re doing any distinctive trick. Also, The contents are masterpiece. you’ve done a fantastic process on this topic!

  12. I’m extremely impressed along with your writing talents and also with the layout for your blog. Is this a paid subject matter or did you customize it your self? Anyway stay up the nice quality writing, its uncommon to peer a great weblog like this one nowadays..

  13. Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You definitely know what youre talking about, why throw away your intelligence on just posting videos to your blog when you could be giving us something enlightening to read?

  14. I have been exploring for a bit for any high quality articles or weblog posts on this kind of area . Exploring in Yahoo I eventually stumbled upon this website. Studying this info So im satisfied to exhibit that I have a very excellent uncanny feeling I came upon just what I needed. I most surely will make sure to do not put out of your mind this site and provides it a glance on a relentless basis.

Leave a Reply

Your email address will not be published.

Popular