Amy Klobuchar
Amy Klobuchar is a Democratic U.S. senator from Minnesota.
“These companies start small a lot of the time. And what he's doing is trying to do like a controlled economy from the White House instead of allowing capitalism to unleash the kind of new ideas that we've seen.”
This is Gavin Newsom · May 2025
Context
Sen. Amy Klobuchar on the This is Gavin Newsom podcast in May 2025, criticizing President Trump's across-the-board tariffs and their effect on small businesses.
Transcript
…major major partners for US, yes, in the economy, but also in security. So the effect small business owner a place called busy Baby. My husband thought it was a lazy baby. I know it's busy Baby. Busy Baby she started this Entrepreneur of the Year honored by Trump's Small Business Administration.
Can't make it up, and she can't.
Do her business with these tariffs. Doesn't have the phone number of the White House. She's not like a major CEO that can vaultz in there and say, hey, can we get exception for our products? More power to them, okay, but she doesn't have ability. She's not invited by the Treasury Secretary to JP Morgan to go into the meeting in New York City. She doesn't know what's going to happen. So it also creates an inequity in the economy where these small businesses that have been just incredibly important to the next big development. I look in Minnesota, Target started as a dry goods store, and you know three Am started up in the slow place in Duluth. I mean, these companies start small lot of the time, and then the small we're just messing around without capitalism is what he's doing. He's trying to do like a controlled economy from the White House instead of allowing capitalism to unleash the kind of new ideas that we've seen.
And Centator, you know what's most insidious. And I love that you brought her up. We had the opportunity to visit with her on the podcast and she talked about how she was inspired by her by her newborn and now she has to look them in the eye and say, honey, we may not only lose the business, we may…
It's like their roadkill in this thing, because the bigger companies I'm also concerned about. Honestly, they're a big part of our economy. We have in Minnesota, like fifteen sixteen Fortune five hundred companies, and a lot of them do work overseas, and a lot of ad companies and the like. But…
No, I appreciate that. I mean, it's been said over and over again of headlines and the economists headlines and the Wall Street Journal, the envy of the world, the United States of America's economy, despite inflation, was beginning to cool, the economic output, growth, productivity, unemployment…
More from This is Gavin Newsom
