A gentleman in the front row in the audience asked, do you know how much the Trump tariffs are costing the average American family?

And I said, do you know how much China's unfair trade practices are harming American households such that mothers and fathers now have to work three, four, five jobs to have enough money to put food on their table?

The Chinese have made us poorer because of their low-cost economic

structure. We've lowered prices as much as we humanly can to be able to compete and wages have

gone down.

In this latest installment of our special series on the U.S. presidential transition period,

I'm sitting down with Nazakhtar, former assistant secretary of commerce

for industry and analysis in the First Trump administration.

She's a longtime expert on trade and national security and a partner at Wiley-Rane-LLP.

In this episode, we dive deep into the debate around tariffs.

How have China's unfair trade practices impacted

American manufacturing? Will tariffs work or make things worse for average Americans? And what

other tools will Trump have at his disposal to restore the U.S. manufacturing sector and help

it flourish? This is American Thought Leaders, and I'm

Yan Yalik. Nazak, Nick Haktar, such a pleasure to have you on American Thought Leaders.

Thank you for having me. Glad to be here. So President Trump has indicated on repeated

on repeated occasions since his re-election that he's going to use tariffs as a tool.

In some cases, it almost looks like a tool of diplomacy, in other cases as a tour,

even perhaps of economic warfare, but also for bolstering U.S. manufacturing.

You know, so can these tariffs be used in all these different ways?

What is he doing here?

Yeah, that's an excellent question, and it's something that's been very often debated.

...