Tariffs are generally bad economic policy and using them as a weapon of leverage should be done in a targeted manner rather than through a broad, unchecked approach.

“What I think is a smart economic move. impose targeted tariffs for specific reasons as a as a weapon of leverage. If Congress wants to pass big tariffs, go ask Congress for it.”

The lack of policy consistency and clarity regarding tariff exemptions creates uncertainty that prevents businesses from making long-term investments.

“None of this policy stuff can work because there's no certainty about what he's doing and when he's going to change his mind.”

Tariffs are unlikely to cause a massive onshoring of jobs because production costs remain significantly lower overseas.

“I don't imagine that the tariffs are going to incentivize a massive onshoring there will be some field uh some you know companies that open new production facilities, but I don't think that it's going to be some kind of big getting all the jobs back the way that some people seem to have hopes for.”

The imposition of tariffs on nations like India is a foolish policy error that has failed to achieve US goals.

“Well, I keep thinking about what Professor Jeffrey Zach told us, which is that our decision to levy these sanctions on these tariffs on India as a result of their decision to continue buying Russian oil. He called it one of the most foolish policy mistakes, foreign policy mistakes that the US has ma”

Trump's trade actions against Canada and other allies appear personal and lack a clear, logical benchmark, which creates uncertainty.

“The confusion around the on again off again tariffs along with the lack of clarity about benchmarks makes it particularly difficult for America's allies”

Tariffs are a necessary temporary measure for the United States to recover from trade imbalances.

“Well, I think the tariffs are necessary. Like I I don't I don't know if there was any way that we could put pressure on foreign governments, especially like you look at Australia, a lot of these small countries, they're absolutely taking advantage of the United States.”

The United States must punish companies that ship jobs and production overseas.

“We will not see a full economic recovery unless we do three things. I believe we have to punish companies who are shipping jobs and shipping production overseas. We have to find a punishment like, hey, you want to do this? We're going to make it cost the same as doing it here or or cost more.”

Tariffs can serve as a useful punitive tool or a mechanism to bring countries back to the negotiating table to establish fairer, more reciprocal trade deals.

“It can also be a great mechanism in order to get people back to the negotiating table to where not only are we allowed to buy their products, but they actually buy American products as well. And I think that's been a large part of the strategy that Donald Trump has attempted to implement.”

The United States is entitled to use alternative trade authorities to implement new tariffs despite the Supreme Court's ruling.

“But other alternatives will be used to replace the ones that the court incorrectly rejected.”