On the latest episode of Fox News, host Jesse Watters took Senator Rand Paul (R-KY) to task for his dissenting views on President Trump’s ambitious second-term tariff initiatives—strategies that are purportedly reshaping the global trade landscape.
In his renewed term, President Trump has fortified his America First trade doctrine, using tariffs as a blunt instrument to combat trade deficits and rejuvenate domestic manufacturing.
On April 5, 2025, Trump imposed a sweeping 10% tariff on all imports, subsequently following up with targeted reciprocal tariffs on April 9, 2025.
Through a post on Truth Social, the President conveyed an emphatic message to Americans: maintain resolve, disregard media frenzy, and seize the moment to revitalize American manufacturing.
Trump asserted that the road to national greatness is not laid with timidity or trepidation, but rather with boldness and strategic fortitude.
“The United States has an opportunity to achieve something that should have been accomplished DECADES AGO. Don’t be Weak! Don’t be Stupid! Don’t be a PANICAN (a new party founded on Weakness and Stupidity!). Be Strong, Courageous, and Patient, and GREATNESS will follow!” Trump declared.
In a follow-up message, he stated, “We face enormous Financial Deficits with China, the European Union, and various others. The only remedy is through TARIFFS, which are currently ushering in Tens of Billions of Dollars into the U.S.A. They are already operational, and it’s a sight to behold. The Surplus with these Countries has expanded during the “Presidency” of Sleepy Joe Biden. We will reverse it, and swiftly. One day, people will recognize that Tariffs are a splendid thing for the United States!”
As Trump champions the cause of American workers, a coalition of Democrats and so-called RINOs (Republicans In Name Only) attempted to undermine his tariff strategy with a Senate resolution aimed at abolishing them entirely.
Senator Rand Paul (RINO-KY) introduced a resolution that would have terminated ALL of Trump’s tariffs, including those on America’s principal adversary, China.
Joining Paul in this betrayal were two Republicans, Susan Collins (ME) and Lisa Murkowski (AK), who sided with Democrats to undercut Trump’s trade agenda.
However, Paul’s resolution culminated in a staggering 49-49 stalemate, narrowly failing to pass, thanks to the absence of Senators Sheldon Whitehouse (D-RI) and Mitch McConnell (R-KY). Had either been present, Trump’s tariffs might have faced obliteration.
While Paul lamented impending economic disaster, other nations capitulated:
- United Kingdom: Dropped tariffs on American ethanol, beef, and machinery — a $5 billion boon for U.S. exports.
- Israel, Vietnam, Taiwan, Zimbabwe: All committing to zero tariffs on American goods.
- China: Buckled under pressure. On May 12, 2025, Beijing eliminated retaliatory tariffs and reduced import duties from 34% to a mere 10%.
- South Korea, Argentina, and even India: Also engaged in negotiations.
According to Politico, the U.S. has accrued approximately $46.9 billion in tariff revenue, reflecting a 46.9% increase compared to the previous year.
During a segment on Monday night, Watters didn’t pull his punches while questioning Paul, highlighting the senator’s “Panican” tendencies and his anti-tariff position.
Jesse Watters:
So, Senator, you were a panican. You opposed the tariff. You were anti-tariff. What’s your response now?Sen. Rand Paul:
Jesse, I’m a proponent of the free market. I believe that international trade generates great wealth, backed by a century of historical evidence. However, I am also a friend and supporter of Donald Trump. I’ve acknowledged his successes in trade. If he manages to lower tariffs and reduce trade barriers, I’ll be supportive. But the situation with China remains uncertain.We began with tariffs at 145%, reduced to 80%, now we’re at 30%. This means a 30% increase in the cost of goods from China, which will ultimately be borne by consumers. If consumers are willing to pay higher prices at Walmart or Target for fairness or to teach China a lesson, so be it. But we’ll see what unfolds over the next six months to a year.
Jesse Watters:
Do you think our defense industry should depend on China? Should we trust them for steel?Sen. Rand Paul:
Absolutely not. There are certain exceptions in trade, especially concerning defense. We won’t be sourcing our intercontinental ballistic missiles from them, nor will we acquire enriched uranium. Our defense industry must be independent.There are indeed some non-defense items that I believe should be produced domestically—like flags, for instance.
Jesse Watters:
What about pharmaceuticals? You wouldn’t want those coming from China, right?Sen. Rand Paul:
No, I wouldn’t.But here’s the crux of the matter—there’s a genuine question conservatives must consider: How do we revitalize our pharmaceutical industry? Should we do it by cutting taxes or raising them?
The President believes that increasing taxes on imports will inspire local industry. An alternative approach would be to eliminate taxes for a decade for any domestic competitor to China in this sector. It all boils down to perspective. Personally, I lean towards lowering taxes. Raising taxes or tariffs is not my preference.
WATCH: