Name: Sen. Lindsey Graham on Trump’s Use of Tariffs as an Economic Weapon
Uploaded: 2025-12-09T02:15:00Z
Duration: 3 min 24 s
Description: Sen. Lindsey Graham (R-SC) discusses President Trump's use of tariffs as an economic weapon against countries that have "cheated and robbed" the U.S.

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Sen. Lindsey Graham (R-SC) discusses President Trump's use of tariffs as an economic weapon against countries that have "cheated and robbed" the U.S. Photo: Sean T. Smith for the WSJ Leadership Institute

https://m.wsj.net/video/20251209/6dbe5bf6-2aba-4dea-a357-587036f46891/1/hls/manifest-hd-wifi.m3u8

Sen. Lindsey Graham (R-SC) discusses President Trump's use of tariffs as an economic weapon against countries that have "cheated and robbed" the U.S.

Sen. Lindsey Graham on Trump’s Use of Tariffs as an Economic Weapon

What Trump has convinced me of is that he's put a value on access to the American economy. I believe that most countries will pay 10 or 15% without hitting us back to participate in our economy. The European deal, which is close to being done is 15% with a bunch of loopholes in it. But bottom line is maybe we can do something on a minimum tariff, and maybe we can do something about how to take the money that we've generated from tariffs and allocate it through reconciliation.

So, Scott Bessent has been saying, the Treasury Secretary, that if the Supreme Court overturns the President's emergency tariff-

Which I think they will.

Which I agree with you. I think they will. Then the president wants Congress to codify them. Do you think they can do that?

No.

Paul: They don't have the votes for that?

So, IEEPA, do you know what IEEPA is?

It's emergency power tariff.

Yeah.

If you do, that says more about you than if you don't. So, so...

Paul: Some of us have to do this for a living.

Yeah, well, I know.

Come on.

Me and you, and these are normal people. So, IEEPA allows emergency powers to the President to deal with economic distress, but never mention the word tariff. Now, tariff power is given to the Congress and the Constitution. We can delegate it. We've done it in Section 232 and other things where we give the President some power in the tariff area. Now, President Trump has taken and run with this thing. He has tried to exercise unlimited general tariff power. And it helped us with drugs coming outta Mexico. The Europeans are paying attention. Trump is tariffing people for bad behavior toward us, and he is using it as a weapon to get a better trade deal. The question is, "Will it withstand scrutiny?" He's looking to the IEEPA statute saying Congress delegated the power to tariff through that statute. I don't know if they're gonna agree with it. I think he'll fall short there. Now, what can we do? I can't get 60 votes to give Trump tariff authority for the entire world. But there are certain powers that we do have that we can build on. And this Bessent has another idea about licenses that you can have a licensing power that would give you almost the same leverage as tariffs. So, they're thinking about a Plan B. But here's what I've learned, Paul, about tariffs. People who are doing bad things to America, countries, are really worried about getting tariffed by Trump. Pakistan and India, you know, why they didn't go to the next level? Trump said, "I'm gonna put across the board tariffs on both of your countries if you don't knock this shit off." It has a power that most of us don't appreciate. The power of the American economy and the desire to be part of American economy is larger than all of us thought. And we gotta harness that power legally and practically, and push the world in a better direction. I'm by no means an isolationist. I will confront evil and I will be aggressive. But on the economic side, when you're being cheated and robbed and pillaged, you need to push back, just as you need to push back when Russia invades Ukraine.

WSJ Opinion: Lindsey Graham on Trump’s Use of Tariffs as an Economic Weapon

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