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Ex-Clinton speechwriter: Trump’s tariff policy deters investment
AlArabiya English
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4/11/2025
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News
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00:00
So on the one hand, Musk is dissenting, and he's a controversial character on certain issues,
00:06
some might say. On the other hand, they've got Peter Navarro, who's come up with this.
00:10
He's the architect, many say, of the tariffs policy that many seem to be opposed to. So
00:16
who comes out on top in a sort of, you know, where the two men to be put into the ring of
00:22
public opinion? Who's going to come out on top out of Navarro and Musk?
00:25
Well, that is going to be entirely up to Donald Trump. And we honestly don't know his own mind,
00:32
and it is pretty clear he doesn't know his own mind. Because, you know, if there's any hope for
00:40
across-the-board high tariffs creating new manufacturing in the United States, they have
00:47
to be consistent and over the long term for any business to want to take a gamble on spending
00:54
hundreds of millions of dollars building plants in the United States. If they're going to be
01:00
negotiated away tomorrow, nobody's going to invest. So, you know, Trump has gone back and forth
01:07
within the same day of saying these are permanent tariffs and saying they're up for negotiation.
01:12
So it's just chaos from, you know, all the way down.
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