Kevin Hassett Claims Auto Production Is Being Reshored 'Amazingly Quickly' Amidst Tariffs

National Economic Council Director Kevin Hassett touted the effects of tariffs on auto production.

Transcript

00:00Under these tariffs and this whole policy?

00:02Sure. One of the things that is being reshored amazingly quickly right now is auto production.

00:08Auto production was, capacity utilization was at about 60% a couple of months ago,

00:14and they're adding extra shifts now to make the autos that the U.S., just as the president suggested.

00:18Last question.

00:19Thank you so much.

00:20A Spanish prime minister visited China last week from the Spanish media,

00:23and he got a lot of criticism from the administration, which brings the consequences.

00:28After the visit, and the economy minister is coming here tomorrow,

00:34I think we're taking a very good assent.

00:37That'll be a foreign policy question for the president, but I'm just a tech-in-out policy guy,

00:42so I don't get engaged in things like foreign policy discussions with prime ministers.

00:46So thank you very much, guys. Thank you. Have a good one.