An old video of Rep. Nancy Pelosi (D-Calif.) urging Congress to retaliate against China\u2019s tariffs on the United States is going viral for its uncanny resemblance to President Donald Trump\u2019s current tariff policies.<\/p>\n\n\n\n
Recorded on the House floor in June 1996, the video features Pelosi calling on her colleagues to challenge the \u201cstatus quo\u201d trade policies that had contributed to America\u2019s growing trade deficit with China. She specifically urged lawmakers to address the disparity between American tariffs on Chinese goods and the higher tariffs imposed by China on U.S. products.<\/p>\n\n\n\n
\u201cIn terms of tariffs, it\u2019s interesting to note that the average U.S. MFN [Most Favored Nation] tariff on Chinese goods coming into the United States is two percent, whereas the average MFN tariff on U.S. goods going into China is 35 percent,\u201d Pelosi said then.<\/p>\n\n\n\n
She then asked, \u201cIs that reciprocal?\u201d before calling the U.S.-China trade relationship a \u201cjob loser\u201d for America.<\/p>\n\n\n\n
\u201cIn terms of jobs, this is the biggest and cruelest hoax of all. Not only do we not have market access, not only do they have prohibitive tariffs, not only are our exports not let in very specifically, but China benefits with at least, at least, 10 million jobs from U.S.-China trade,\u201d she said.<\/p>\n\n\n\n
Pelosi went on to point out how the U.S. was only getting 170,000 American jobs out of the relationship at the time.<\/p>\n\n\n\n
\u201cThe fact is that U.S.-China trade is a job loser,\u201d she said.<\/p>\n\n\n\n
Fox News host Jesse Watters played the clip during a Friday show segment.<\/p>\n\n\n\n
The nearly 30-year-old clip has reemerged following President Trump\u2019s recent imposition of reciprocal tariffs on China and several other nations this week. Most Democratic lawmakers, including Pelosi, have opposed this approach.<\/p>\n\n\n\n