He argues that tariffs are a necessary tool to counter foreign competitors that utilize predatory labor practices.

“So, how our company is supposed to compete with the Chinese company who could dump cheap goods into our market with slave labor?”

He believes the US trade deficit is a reflection of the capital account surplus and does not represent an inherent unfairness by other nations.

“The trade deficit is a mirror image of the capital account surplus, which every American has benefited from. So, yes, I I don't agree with tariffs one bit.”