Republicans Know China Tariffs Are Bad Economic Policy, Americans for Prosperity President Says

The video discusses the negative impact of tariffs on the U.S. economy, highlighting inflation, supply shocks, and harm to consumers and businesses. It contrasts economic concerns with national security justifications and critiques the administration's tariff policies. Alternatives to tariffs, such as engaging with the WTO, are explored. The role of Congress in trade policy and potential legislative actions to regain authority over tariffs are also discussed.

What are some of the negative impacts of tariffs mentioned in the video?

• Lower consumer prices

• Inflation and supply shocks

• Improved international relations

• Increased market share

How does the administration justify the use of tariffs according to the video?

• To promote cultural exchange

• To increase tourism

• For national security reasons

• As a means to improve education

Who ultimately bears the cost of tariffs, as discussed in the video?

• Chinese government

• Middle Eastern countries

• European Union

• U.S. consumers and businesses

What organization is mentioned as a potential avenue for addressing trade issues with China?

• World Health Organization

• United Nations

• World Trade Organization

• International Monetary Fund

What is the overall impact of trade with China over the last two decades, according to the video?

• It has been detrimental

• It has only benefited China

• It has been a prosperity builder

• It has had no impact

What is the stance of some Republican senators on the tariff policy?

• They fully support it

• They want to increase tariffs further

• They are indifferent

• They believe it causes too much pain

What legislative action is being proposed regarding tariffs?

• Delegation of tariff decisions to states

• Congressional vote on tariffs

• Complete removal of all tariffs

• Increase in tariff rates