Fmr. Treasury Secretary Mnuchin on what Trump hopes to achieve with tariffs
CNBC Televisionยท2025-08-05 20:30
You know, the president has two objectives. One is to rebalance the trading relationships and to make them more equal. And that's something I completely support. That's something I was very involved in with the first term in both China and USMCA.And the second is he fundamentally believes in tariffs for creating revenues. I I think if you did a 10% baseline tariff across the board, you'd raise a lot of revenue. uh if you could score it, you know, I think people think that's in excess of$ two trillion dollar ...