Tariffying: Trump's trade announcement threatens to upend the economy

INSIDE THE WILDEST BATTLE FOR
THE WHITE HOUSE. BEFORE WE GET
INTO THIS, I WANT TO HIGHLIGHT
SOMETHING. DONALD TRUMP HAS
ARGUED OVER AND OVER THAT WE
NEED TO IMPOSE THESE TARIFFS
BECAUSE OTHER COUNTRIES HAVE
BEEN RIPPING US OFF FOR YEARS,
TAKING ADVANTAGE OF THE AMERICAN
PEOPLE. THE WHITE HOUSE SAYS THE
10% TARIFFS ARE GOING TO APPLY
EVERYWHERE. WELL, WHY ARE AN
AXIOS POINTED OUT SOMETHING
REALLY IMPORTANT? THOSE TAXES
INCLUDE THE HEARD AND MCDONALD
ISLANDS. YOU CAN SEE RIGHT HERE
ON THIS MASSIVE LIST THE
ADMINISTRATION PUT OUT ON SOCIAL
MEDIA. BUT HERE'S WHAT YOU MIGHT
NOT REALIZE. THOSE ISLANDS THERE
IN ANTARCTICA, THEY DON'T
PRODUCE ANY EXPORTS. DO YOU KNOW
WHY? BECAUSE THERE ARE NOT ANY
HUMAN BEINGS THAT EVEN LIVE
THERE. THERE IS NO POSSIBLE WAY
THAT THEY COULD BE TAKING
ADVANTAGE OF US ON TRADE. WHAT
WE DO NOT KNOW IS IF THE
PENGUINS WHO LIVE THERE WILL
RETALIATE. OKAY, RON AND SANA?
>> YES, MA'AM.
>> FOR MONTHS AND MONTHS, WE
WERE TOLD. JUST TALK. IT'S
BLUSTER. IT'S NEGOTIATING. HE'S
A MASTER NEGOTIATOR. HE'S THE
ART OF THE DEAL. AND THERE WE
WERE, JUST AFTER 4:00, ALL EYES
ON THE ROSE GARDEN. WHAT'S YOUR
TAKE?