Business Quote by Mike Braun
“As someone who's built business, I take tariffs and their effects very seriously and would only employ such negotiation tools when absolutely necessary.”
About This Quote
Source Speech: Congressional Hearing on Trade Policy, 2022
The speaker stresses that tariffs are serious tools, to be used only when absolutely necessary in business negotiations.
In simple terms: Tariffs are powerful and should be used sparingly.
Use tariffs only as a last resort.
Themes
Mood
Type
When to use this quote
- international trade
- corporate negotiations
- policy formulation
- risk management
Key Concepts
Questions to Reflect On
- When is a tariff justified?
- What alternatives exist to tariffs?
Over‑reliance on tariffs can provoke retaliation.