Rand Paul mocks Trump's tariff policy: 'I have a trade deficit with my grocery store'

Sen. Rand Paul (R-KY) mocked the way President Donald Trump calculated his so-called reciprocal tariffs by noting that trade deficits were not necessarily evidence of one side losing.

During a Tuesday interview on CNBC, Paul told conservative host Joe Kernen that Trump's tariff policy was "backwards and upside down."

"It's based on a fallacy," the senator explained. "And the fallacy is this, that somehow in a trade, someone must lose, that somehow when you trade with someone, there's...