Will prices rise because of Trump's tariffs?
The transcript reveals uncertainty about whether Trump's tariffs will increase consumer prices. When directly questioned, an economic advisor from Trump's team avoids giving a definitive answer, stating that 'prices fluctuate' and claiming to be 'confident' there won't be strong evidence of price effects from tariffs. However, experts in the discussion express concerns about these tariffs creating business uncertainty that could hurt US investment. The news analysts note that prices for gas and groceries have already risen and may increase further if the tariffs are implemented. The discussion also highlights how these policies might impact international trade relationships and alliances.
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Discussion on Trump's Tariffs and Their Impact on Markets
MSNBC·8 months ago