Abdullah Fayyad

It could also actually end up limiting trade and causing a shortage of supply, which might also drive prices up.

they are a tool that ought to be used sometimes. And I think one example of this is part of the reason countries might be interested in levying a tariff on imports is to protect certain industries that serve the national interest. It could also be because out of national security reasons, you want to have some level of control over the supply chain so that in the event of a war or a pandemic,

they are a tool that ought to be used sometimes. And I think one example of this is part of the reason countries might be interested in levying a tariff on imports is to protect certain industries that serve the national interest. It could also be because out of national security reasons, you want to have some level of control over the supply chain so that in the event of a war or a pandemic,

they are a tool that ought to be used sometimes. And I think one example of this is part of the reason countries might be interested in levying a tariff on imports is to protect certain industries that serve the national interest. It could also be because out of national security reasons, you want to have some level of control over the supply chain so that in the event of a war or a pandemic,

A disruption in the supply chains won't make you have a shortage of a crucial good. So there are reasons why you want to prop up certain domestic industries, and they can serve you well. One example of this is that if we import a lot of goods from, say, China, which has bad labor laws and labor protections and very low wages –

A disruption in the supply chains won't make you have a shortage of a crucial good. So there are reasons why you want to prop up certain domestic industries, and they can serve you well. One example of this is that if we import a lot of goods from, say, China, which has bad labor laws and labor protections and very low wages –

A disruption in the supply chains won't make you have a shortage of a crucial good. So there are reasons why you want to prop up certain domestic industries, and they can serve you well. One example of this is that if we import a lot of goods from, say, China, which has bad labor laws and labor protections and very low wages –

those goods are going to be cheaper than goods produced in the United States. Part of the reason why goods that are made in the United States are very expensive is because we have higher labor costs. Now, that puts American companies in a difficult spot because then they have to choose between either having competitive prices or paying their workers well.

those goods are going to be cheaper than goods produced in the United States. Part of the reason why goods that are made in the United States are very expensive is because we have higher labor costs. Now, that puts American companies in a difficult spot because then they have to choose between either having competitive prices or paying their workers well.

those goods are going to be cheaper than goods produced in the United States. Part of the reason why goods that are made in the United States are very expensive is because we have higher labor costs. Now, that puts American companies in a difficult spot because then they have to choose between either having competitive prices or paying their workers well.

So you have to balance that out as a government and think about – You know, what exactly is the problem that we're trying to solve here and how can tariffs be a tool? Should they be a tool that we use here to solve that problem? And in some cases, the answer is yes.

So you have to balance that out as a government and think about – You know, what exactly is the problem that we're trying to solve here and how can tariffs be a tool? Should they be a tool that we use here to solve that problem? And in some cases, the answer is yes.

So you have to balance that out as a government and think about – You know, what exactly is the problem that we're trying to solve here and how can tariffs be a tool? Should they be a tool that we use here to solve that problem? And in some cases, the answer is yes.

Well, that's again why Trump, you know, in theory, a lot of what he says might make sense if you don't pay too close attention to what he's doing. You know, if you implement tariffs on foreign cars, domestically manufactured cars will be more appealing for consumers because they might be cheaper. But the reality of this policy is that he's going to slap a 25 percent tariff on foreign cars.

Well, that's again why Trump, you know, in theory, a lot of what he says might make sense if you don't pay too close attention to what he's doing. You know, if you implement tariffs on foreign cars, domestically manufactured cars will be more appealing for consumers because they might be cheaper. But the reality of this policy is that he's going to slap a 25 percent tariff on foreign cars.

Well, that's again why Trump, you know, in theory, a lot of what he says might make sense if you don't pay too close attention to what he's doing. You know, if you implement tariffs on foreign cars, domestically manufactured cars will be more appealing for consumers because they might be cheaper. But the reality of this policy is that he's going to slap a 25 percent tariff on foreign cars.

And he's also going to slap a tariff on auto parts. So the expectation here is not just that foreign cars are going to get more expensive for American consumers, but domestic cars are going to get more expensive because producing them, manufacturing them is going to cost more.

And he's also going to slap a tariff on auto parts. So the expectation here is not just that foreign cars are going to get more expensive for American consumers, but domestic cars are going to get more expensive because producing them, manufacturing them is going to cost more.

And he's also going to slap a tariff on auto parts. So the expectation here is not just that foreign cars are going to get more expensive for American consumers, but domestic cars are going to get more expensive because producing them, manufacturing them is going to cost more.

So the cost of production for American car companies is going to spike even if they are producing their cars here in the United States.