Barack Obama, speaking at a campaign rally, says economists warned that consumers pay the tab for tariffs, "and that's exactly what happened." He mocks the trade war with Canada, "our friendly neighbors to the north" who, he says, are now booing at hockey games. Then he says that instead of tariffs bringing down deficits, the US is running a debt of $40 trillion.
The receipt
- Who
- Barack Obama
- Where
- rally - Atlanta campaign rally with Jon Ossoff and Keisha Lance Bottoms
- Original footage
- CNBC-TV18 · watch the full video from this moment
- Length
- 56 seconds, unedited within the cut
- Plays
- 1 on Instagram
Read the transcript
Economists said, when you impose tariffs, consumers pay the tab. And that's exactly what happened. And the big trade war he's waging now is a well -known evil empire. That historical adversary of the United States, Canada. The people who gave us Maple Syrup and Martin Short. the nicest people around, our friendly neighbors to the north, now they're booing our hockey games. And rather than having the terrorists bring down deficits, like he said he would, we're now running a debt to the tune of $40 trillion. $40 trillion
Machine transcript of the clip's audio; names are checked, small words may differ.