Trade Coalition Pushes Congress To Hold President In Check

The transcript discusses the formation of the Tariff Reform Coalition by major trade associations to review and potentially curb President Trump's tariff policies. It highlights the negative impact of tariffs on manufacturers and the broader economy. Legislative efforts are underway to restrict presidential authority on tariffs, requiring congressional approval. The transcript also covers the ongoing trade wars with China and the European Union, emphasizing that American companies bear the cost of tariffs, not foreign countries.

What is the primary goal of the Tariff Reform Coalition?

• To advocate for a congressional review of trade policies

• To support the president's tariff policies

• To promote free trade agreements

• To increase tariffs on foreign goods

Which industries are part of the Tariff Reform Coalition?

• Healthcare, finance, and education

• Auto, tech, and agriculture

• Real estate, tourism, and entertainment

• Energy, mining, and construction

What is one proposed legislative change regarding tariffs?

• Eliminating all tariffs

• Requiring congressional approval for new tariffs

• Increasing tariffs on European goods

• Reducing tariffs on agricultural products

Who ultimately bears the cost of tariffs according to the transcript?

• International organizations

• American companies

• Local governments

• Foreign governments

What is the value of goods targeted by the Trump administration's tariffs on China?

• $100 billion

• $250 billion

• $550 billion

• $750 billion