Tariffs aren't a good idea because they could inhibit the growth of the United States economy, former Office Depot CEO Steve Odland suggested to CNBC on Tuesday.
President-elect Donald Trump has repeatedly called for tariffs or other taxes on imports into the U.S. On Sunday, he tweeted about the issue again, threatening to hit companies with a 35 percent tariff if they leave the country.
However, the U.S. only has about 5 percent of the world's population, Odland said in an interview with CNBC's "Closing Bell."
"We've got a large economy, but if we want to continue to grow we need access to the other 95 percent," he said. "Trade is a two-way street. We want exports, but you can't then tax imports."