A vintage video featuring Rep. Nancy Pelosi (D-Calif.) advocating for Congressional action against China’s tariffs on the United States has gained significant attention due to its striking similarity to President Donald Trump’s current tariff strategies.
“In terms of tariffs, it’s noteworthy that the average U.S. MFN [Most Favored Nation] tariff on Chinese goods entering the United States is two percent, while the average MFN tariff on U.S. goods entering China is 35 percent,” Pelosi remarked at the time.
She then posed the question, “Is that reciprocal?” and characterized the U.S.-China trade relationship as detrimental to American jobs. “In terms of employment, this is the largest and most deceptive hoax of all. We lack market access, face prohibitive tariffs, and our exports are specifically restricted, while China gains at least 10 million jobs from U.S.-China trade,” she stated.