Reported about 9 hours ago
In a recent episode of Capitol Gains, experts discuss the potential consequences of President Trump's tariffs on imports from Canada and Mexico. Chief Economist Neil Shearing emphasizes that a significant tariff, such as 25%, could elevate prices for American consumers, particularly in sectors like automobile manufacturing where parts often cross borders multiple times. The conversation highlights that consumers, not foreign nations, ultimately bear the burden of these tariffs, making the issue relevant for all Americans.
Source: YAHOO