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President Donald Trump is not using tariffs for their historical purpose, which is to protect and promote domestic industry. Instead, Trump, as Victor Davis Hanson argues, is using tariffs to hold countries, like Panama, Colombia, Venezuela, and China, accountable.
And it’s working.
On this edition of “Victor Davis Hanson: In His Own Words,” Hanson dispels the Left’s hysteria over President Trump’s tariff policies:
“So, if you take Venezuela and Colombia, he's saying that ‘you people deliberately emptied your jails and you sent them to the United States—sent them being felons—violent felons. And you're not going to do that anymore’
And they said, ‘we're not taking them back’. He said, ‘You're going to take them back, or I'm going to put a tariff.’ So, it was a lever of diplomacy, and it worked. They backed down completely.”
For Victor’s latest thoughts, go to: https://victorhanson.com/
Don’t miss out on Victor’s latest videos by subscribing to The Daily Signal today. You’ll be notified every time a new piece of content drops: https://www.youtube.com/channel/UCHqkXbgqrDrDVInBMSoGQgQ