you were just getting at that, these tariffs won t have that impact. these tariffs will hurt many more americans they are going to help. i feel great sympathy for the folks that were talking about the possibility that maybe this will help because at least as far as i and every other economist sees this down the road, this isn t the way to go about it. it is a misguided strategy. it will lead to higher prices, slower growth. and you say you are not sure. his ultimate goal is to reduce the trade deficit. i don t think it s going to do that either. let me talk about he said about montana. that s actually a very big mistake to make and they know they re wrong, but they keep doing it. here s what he said about it. let s listen. we have all the cards. we re the bank that everybody is
currency. so people who have been involved in tradeable good businesses for many years, they recognize that. the problem is is as the two of ou were just getting at, these tariffs won t have that impact. they re going to hurt many more americans than they re going to help. i feel great sympathy for some of those folks talking about the possibility that you know, maybe this will help because at least as far as i and every other economist on all sides of the al sees this down the road, this isn t the way to go about it. it s a misguided strategy. it s going lead to higher price, slower growth and by the way, unix you not sure where donald trump is going. his goal is to reduce the trade deficit. i don t think it s going to do that either. let me talk what about donald trump said last night in montana. he often misstates the trade deficit with with china. calls it 500 million billion. 336. they know they re wrong, but they keep doing it. here s what he said.