Bob Lighthizer: Why Trump's Tariffs Are the Only Way to Save the Middle Class (Tucker Carlson Video)
This is a 19 March 2025 video.
A country that doesn’t make anything quickly dies. Former US trade representative Robert Lighthizer explains how Trump’s tariff program can stop America’s slide.
Tariffs are typically charged as a percentage of the price a buyer pays a foreign seller. The importing business usually pays the tariff to its home country’s government. Tariffs can be calculated on a per-unit basis (specific tariffs) or as a percentage of the value of the imported goods (ad valorem tariffs).
https://youtu.be/p0IUh8kNSqY
Chapters:
0:00 Why Do We Need to Reinstitute Tariffs?
6:10 The Slow Death of America’s Working Class
13:35 Donald Trump’s Plan to Fix the Economy
14:26 Was There an Organized Effort to Destroy America’s Free Market?
19:53 The Trifecta of Stupid
26:12 We Are in an Economic Emergency
32:16 The Three Ways to Balance Global Trade
34:45 Can America Be the World’s Biggest Manufacturing Power Once Again?
38:47 Why Lighthizer’s View Differs From Establishment Economists
49:13 How Washington and Big Business Benefit From the Death of the Middle Class
56:44 The Two Parts to Trump’s Tariff Plan
1:03:25 Will We See Inflation Due to Tariffs?
1:07:50 The Economic War With China
1:11:49 How China Is Trying to Avoid Trump’s Tariffs
1:25:50 Reestablishing an Economic Relationship With Russia
1:31:34 The Lies You’ve Been Told About the Nasdaq
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