Kentucky Senator Rand Paul is the leading voice opposed to President Trumpâs tariffs.
That has put Paul at odds with the MAGA base.
And Rand Paul revealed the awful thing Republican Senators tell him in secret.
Kentucky Senator Rand Paul is the most outspoken GOP opponent of President Trumpâs reciprocal tariff policy.
Paul sponsored a resolution with Senator Ron Wyden (D-OR) to repeal the national emergency declaration that Trump signed which allowed him to impose global tariffs to combat the massive trade deficits America faced.
In an interview on CNBC, Paul claimed his fellow Republican Senators supported his opposition to Trumpâs tariffs but were too afraid to speak out.Â
âItâs a quiet whisper..you know, like in âAtlas Shruggedâ they all would say who is John Galt? They all come to me and whisper in my ear âfree trade is good,ââ Paul stated.
In a subsequent interview with Fox Businessâs Larry Kudlow, Paul went on to say that he believes tariffs are taxes and that he wants more free trade and not less.
âWell you know, Iâm kind of old fashioned, Larry. I donât like taxes and I donât want more of them. I also think that if you tax something, you get less of it, and I donât want less trade,â Paul began.
Paul told Kudlow that he views free trade as good and the Trump team argues that free trade deals ripped off America by shipping jobs overseas and dumping cheap foreign products into American markets while allowing other countries to erect barriers blocking U.S. products from entering theirs.
 âI want more trade. Thereâs a fundamental argument we have to have in this country: is trade good or bad? The president and his counselors seem to think that in trade, someone gets ripped off,â Paul added.
Paul tried to claim that the U.S. doesnât actually trade with China since Americans buy cheap Chinese goods from Walmart.
âThe truth of the matter is this, that all trade is mutually beneficial, and really the U.S. doesnât trade with China, you trade with Walmart. So when I go to Walmart, if I pay ten dollars for a shirt, I want that shirt and they want my ten bucks, and we both go away from the deal having succeeded,â Paul added.
But America learned during COVID that China producing pharmaceutical products that Americans buy is a national security threat.
Trump slapped 104 percent tariffs on Chinese goods.
Business leaders like Shark Tankâs Kevin OâLeary think those tariffs should go even higher to 400 percent, as the current arrangement with Americaâs number one geopolitical adversary, so closely linked to the U.S. economy, is a national security threat.
Paul disagreed.
âWe mutually benefited. Thatâs the only reason trade happens. And then if you add it all up and say, ‘Oh, Chinaâs ripping us off,’ that makes no sense. Trade deficits are not real accounting. Itâs a fake accounting, and it doesnât mean anything,â Paul continued.
Paul argued that trade deficits were a good thing because they represented economic activity, whereas the times in history when trade deficits disappear are when America goes into a recession.
âWhat means something is if you look at trade deficits in proportion to prosperity, the higher the trade deficits, the more prosperity. The lower the trade deficits, the less prosperity. We get a reduction in trade deficits when we go into a recession. We get an expansion of trade deficits when weâre in a boom. So really nothing about a trade deficit gives any real useful instruction to the economy,â Paul concluded.
This fight between Trump and Paul will continue to play out.