White House Admits That They Have No Plan If China Imposes Tariffs

Not many people in the Midwest, many Republican lawmakers, including one I’m going to have on in a minute, don’t like this tariff policy. Let me put up what Senator Ben Sasse, a Republican from Nebraska said, “Hopefully the president is just blowing off steam again. But if he’s even half serious, this is nuts. The president has no actual plan to win right now. He’s threatening to light American agriculture on fire. This is the dumbest possible way to do this.” What do you say to the criticism you’re getting from the Midwestern Senators and governors of both sides of the aisle, who are panicked about the agricultural industry?

PETER NAVARRO:

Let me be very, very clear about this. When the president announced the addition $100 billion in tariffs, he also announced that he was directing Sonny Perdue, a great American and the Secretary of Agriculture, to immediately implement a plan to defend American farmers.

CHUCK TODD:

Does that mean buying–

PETER NAVARRO:

And what’s going on here–

CHUCK TODD:

–soybean crops? Does that mean buying soybean crops–

PETER NAVARRO:

This will be of– it’s up–

CHUCK TODD:

–that the Chinese won’t buy?

PETER NAVARRO:

It’s up to Sonny Perdue and the president to implement the plan. The details of that plan will be rolled out. But let me say this, Mr. Todd. How cynical it is for the Chinese basically, rather than respond graciously and stop doing all this bad stuff they’re doing to attack American farmers, I think that’s going to be a wake-up call for Americans about just– we’ve changed now our designation in the national security strategy of China to a strategic competitor. What does that mean? It means that they are in competition with us–

CHUCK TODD:

Right

PETER NAVARRO: