https://www.youtube.com/watch?v=Y__2UsC7T-I
Why Trump’s Tariff Plan Is Getting Riskier, According to Economists | WSJ
President Trump says reciprocal tariffs will kick in on April 2, meaning the U.S. will match the higher tariff rates other countries impose on the U.S. Trump is banking on the scale of these reciprocal tariffs to reduce the U.S. trade deficit, but many economists worry the slew of tariffs will worsen inflation and lead the U.S. economy into a recession.
WSJ explains why economists believe this strategy will end up hurting U.S. consumers.
Chapters: 0:00 Trump’s reciprocal tariffs 0:25 How reciprocal tariffs hurt consumers 0:52 “Fairness” in trade policy 1:48 Why a trade deficit may not be bad 3:47 Risks of reciprocal tariffs 4:55 What’s next?
News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day’s biggest stories into bite-size pieces to help you make sense of the news.
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from The Wall Street Journal
https://www.youtube.com/watch?v=Y__2UsC7T-I
Here’s the YouTube video for this article
Here’s the YouTube video for this article
https://www.youtube.com/watch?v=Y__2UsC7T-I
