Part 5/9:
Bolling addressed the intricacies of international trade, emphasizing that the idea of a truly "free market" is often an illusion. The presence of tariffs and taxes imposed by other nations complicates the landscape, making it difficult for American goods to compete internationally. He pointed specifically to China's tariffs and European VATs that hinder the competitiveness of U.S. products abroad.
He argued that the U.S. should leverage its standing as a significant market player to foster more equitable trade dynamics. For instance, he suggested negotiating with China around oil tariffs as a way to alleviate pressures on both sides—China lowering their tariffs while the U.S. holds a balanced position on its exports.