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An old video of Rep. Nancy Pelosi is going viral for echoing sentiments strikingly similar to former President Donald Trump’s current tariff policies. The clip, filmed on the House floor in June 1996, shows Pelosi urging Congress to push back against what she described as "status quo" trade practices that had worsened America’s trade deficit with China. She specifically highlighted the imbalance between relatively low US tariffs on Chinese goods and significantly higher Chinese tariffs on American products. "In terms of tariffs, it’s interesting to note that the average US MFN [Most Favored Nation] tariff on Chinese goods coming into the United States is two percent, whereas the average MFN tariff on US goods going into China is 35 percent." #nancypelosi #trumptariffs #tradewar #china #uspolitics #throwback #worldnews #clrcut #clrcutnews #internationalnews #globalnews #news –––––––––––––––––––––– CLRCUT on Facebook: https://bit.ly/3Z3K2cT CLRCUT on Instagram: https://bit.ly/4hOUVXl CLRCUT on X: https://bit.ly/3Z52ZMy CLRCUT is everything beyond the usual noise. It is your source for in-depth coverage of geopolitics, defence, and international affairs. We report on global events, dive into defence strategies, and explore the stories redefining our world. Stay clear. Stay informed. Stay CLRCUT.