Part 8/10:
A significant part of the conversation centered around tariffs, with Bannon supporting them as a crucial tool for re-establishing American manufacturing. He framed tariffs as a step towards economic independence, citing a resurgence of investment in American soil as companies look to relocate their manufacturing back to the U.S. He pointed to President Trump’s tariffs on China as a critical factor in these changes.
Both Bannon and Newsom agreed that while the ambition to bring manufacturing jobs back to America is noble, the transition must be handled delicately to mitigate negative impacts on families and workers in areas adversely affected by tariffs.