Companies need 'time machine' for tariffs to make sense: Yang

5 months ago 15
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(NewsNation) — President Donald Trump insists his tariffs volition bring manufacturing jobs backmost to the United States, but the list of skeptics who uncertainty that volition hap is increasing longer each day.

Andrew Yang, an entrepreneur and laminitis of the Forward Party, said companies would request a "time machine" for Trump's tariffs to marque sense.

"If you could spell backmost successful clip and person tariffs that support these manufacturing facilities, you mightiness person a case, but you can't conscionable conjure them up," Yang told NewsNation's Chris Cuomo connected Tuesday.

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Rather than bring jobs backmost to America, Yang worries that Trump's escalating commercialized warfare could person the other effect.

"Instead of reshoring manufacturing, [CEOs] are conscionable cutting investment, they're laying radical off," helium said.

Yang, who ran for president backmost successful 2020, pointed retired that the existent hazard mightiness beryllium the uncertainty astir Trump's tariffs, not conscionable the tariffs themselves.

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"Does anyone person assurance that these tariffs are going to travel successful and enactment astatine this level for six years? These CEOs don't," helium said.

The entrepreneur turned person said helium thinks companies volition put successful the U.S. but lone if it's a "winning economical proposition," adding that tariffs aren't going to bash the trick.

Watch the interrogation with Yang successful the subordinate above.

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