At a time when Inflation is moving upward, Donald Trump has done something that is going to cost every consumer in America MORE MONEY.
He has imposed massive tariffs or taxes on two trade partners, our neighbors in the North and South - Canada and Mexico. Additionally, Trump increased Tariffs on China, another major exporter.
This quote is from the Wall Street Journal, a CONSERVATIVE Publication owned by the same family that owns FOX.
"The Dumbest Trade War in History Trump will impose 25% tariffs on Canada and Mexico for no good reason."
Economic Experts say the Tariffs will send inflation higher, hurt exporters, and cost consumers more money.
Tariffs increase the price companies pay for goods from other countries. The Companies are then forced to pass those extra costs on to consumers.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.