Pence Says He Opposed Trump's Tariffs, Welcomes Trade De-Escalation
Former Vice President Mike Pence revealed in a recent interview that he privately cautioned President Trump against imposing tariffs during his first term. Pence stated his concerns stemmed from the potential negative impact on American businesses and consumers. He now expresses optimism regarding recent signals suggesting a possible de-escalation in the ongoing trade tensions between the United States and China. Pence believes a more balanced trade relationship is beneficial for both nations.
Pence's comments come amid growing speculation about the future of U.S.-China trade relations. He welcomed recent signs of a possible de-escalation in the trade war, expressing hope for a more stable and balanced relationship between the two countries. He emphasized the importance of fair trade practices and the need to avoid policies that could harm the American economy.
"I believed then, and I believe now, that tariffs can have unintended consequences," Pence stated during the interview. "While I supported President Trump's efforts to address unfair trade practices, I also believed it was important to carefully consider the potential impact on American jobs and the overall economy."
Pence's remarks provide insight into the internal debates within the Trump administration regarding trade policy. His opposition to tariffs highlights a division of opinion on the best approach to addressing trade imbalances and promoting American economic interests. The former Vice President's current stance suggests a desire for a more measured and diplomatic approach to international trade relations.
Source: Read the original article at NBC