In today's episode of Lest We Forget Historical, host Lillian Cauldwell delves into who will bear the cost of the tariffs that Trump plans to implement on his first day in office and the potential impacts on our economy. Ms. Cauldwell explores Trump's proposed solution to America's problems: new tariffs on foreign goods entering the United States.
Trump claims these tariffs will create more factory jobs, reduce the federal deficit, lower food prices, and enable the government to subsidize childcare. He also asserts that they will promote world peace. "Tariffs are the greatest thing ever invented," Trump declared earlier this month in Flint, MI.
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