veronique: i disagree. i think the demonstration with the aluminum cans was extremely silly, and it is wrong and misleading to actually look at the impact of tariffs on the overall u.s. economy. it is to again take, you are right. what people may not realize is that trade represents a third alloy economy, and steel and aluminum is only a small part of this. what is important to look at, if you really want to know what it means, when you look at the downstream effect of these tariffs for companies and for consumers of steel and aluminum, wendy can shift to american steel, or they can't do away with steel, they are facing immediately, at 25% increase. these consumers of steel -- if you want a heartbreaking demonstration about who is getting hurt? there are american workers and companies -- you probably know that president trump has decided to give exemptions potentially. stories of all withese little companies razor-sharp margins, who are begging the government's, their governments, to not get them out of bus

host: veronique de rugy? guest: that is one of the things they should be able to agree with one another about, what to do with china. create aneir way, you alliance of like-minded countries and you deal with it together. from the trump administration and the aggressiveness and very unorthodox moves in the recent month, actually been going on for months, i think make it very difficult. host: the phone numbers on the bottom of the screen for our guests as we talk about trump administration trade and tariff policies. we will get to your calls in a few minutes for our 2 guests. scott paul and veronique de rugy . before we dig in deeper to the issues at hand, give us 101. explain what our tariffs? how do they work? why are they so important we are talking about them this morning? are an import tax. impose ated goal is to penalty on imports. so, to achieve several goals. retaliate against a foreign government's behavior in subsidizing their goods, or to protect a domestic industry. if you increase the price of , th

one is veronique de rugy of the george mason university mercatus

veronique, let me start with you. this is bad policy, a bad decision, and is sort of the camel's nose under the tent here explain what you see downstream as a potential of this decision. >> well, what i see very clearly is uncertainty and litigation, because what this ruling has done is certainly not to define any standards for taxation over the internet and it certainly is not a green light for states to start taxing however they want online retail or force out of state sellers to collect taxes for them gets rid of the one clear signal we had, which was the nexus one. the nexus, the physical presence as a center, and because it didn't go ahead and tell us, you know, what the threshold was or what the new rule was, and all of this is going to have to be litigated, and while we had a clear rule before, we don't have it, but i think it's a mistake for people to understand this as saying that this is go ahead, green light, you can force out of state companies to collect taxes. and by the way, this is a good thing, becaus

thank you for being here, veronique. ofalso welcome the president the alliance for american manufacturing, thank you for being here.