CNN anchor Poppy Harlow grilled a small business owner on Trump’s tariff policy on Thursday and suggested he was selfish for supporting tariffs.
WATCH:
Michael Korchmar, the owner and CEO of The Leather Specialty Co., explained that he supports a trade war with China because he believes the current barriers to trade in China are unfair and hurt his business. Korchmar also claimed that his business has been able to hire more employees because of the positive trade outcomes from tariffs.
“I hear your argument,” Harlow responded. “Here’s the thing: These tariffs on China, you say, will help your business … but what about critics who will say, ‘Look, you’re only looking out for your own business. Look at the big picture here’?”
“Look at the Federal Reserve warning yesterday that if this escalates, it will depress the economy,” Harlow continued. “Look at soybean farmers in the middle of this country who have taken a huge negative blow because of the tariffs and the serious damage that it is causing them. What about those America workers?”
Korchmar replied that he believes the tariffs will be a net gain for American workers because China will open up its trade policy.