Danielle Kurtzleben

Well, we have some broad ideas. One is that they'll lead to higher prices. The Yale Budget Lab did one hypothetical modeling of what these tariffs could look like, finding that in the short run, they'd cost the average household around $3,000 a year. And those costs, by the way, would hit lower income households harder than higher income.

Well, the Trump administration says this is about fairness and also about creating manufacturing jobs. That's what Trump ran on. And a lot of his base is in blue collar jobs like manufacturing. And some manufacturers could be helped by the tariffs. I mean, if goods from other countries get more expensive, it would mean people in the U.S. would buy more goods made in the U.S. But some U.S.

Well, the Trump administration says this is about fairness and also about creating manufacturing jobs. That's what Trump ran on. And a lot of his base is in blue collar jobs like manufacturing. And some manufacturers could be helped by the tariffs. I mean, if goods from other countries get more expensive, it would mean people in the U.S. would buy more goods made in the U.S. But some U.S.

Well, the Trump administration says this is about fairness and also about creating manufacturing jobs. That's what Trump ran on. And a lot of his base is in blue collar jobs like manufacturing. And some manufacturers could be helped by the tariffs. I mean, if goods from other countries get more expensive, it would mean people in the U.S. would buy more goods made in the U.S. But some U.S.

manufacturers will also pay more for materials, which could offset whatever benefits they might see from the tariffs. And there's one more economic risk, and that's that other countries see this and then they retaliate with their own tariffs. And farmers would be a likely target there. So there's a real risk here for Trump.

manufacturers will also pay more for materials, which could offset whatever benefits they might see from the tariffs. And there's one more economic risk, and that's that other countries see this and then they retaliate with their own tariffs. And farmers would be a likely target there. So there's a real risk here for Trump.

manufacturers will also pay more for materials, which could offset whatever benefits they might see from the tariffs. And there's one more economic risk, and that's that other countries see this and then they retaliate with their own tariffs. And farmers would be a likely target there. So there's a real risk here for Trump.

He has acknowledged that these tariffs could cause short-term pain, and that means voters could easily in the future pin any weakness from the economy on him.

He has acknowledged that these tariffs could cause short-term pain, and that means voters could easily in the future pin any weakness from the economy on him.

He has acknowledged that these tariffs could cause short-term pain, and that means voters could easily in the future pin any weakness from the economy on him.

Thank you.

Thank you.

Thank you.

Hey, Ader.

Hey, Ader.

Hey, Ader.

Sure. So let's use a concrete example. Let's say an American airplane manufacturer is importing aluminum from Canada. So that aluminum arrives at a U.S. port and there the manufacturer or a broker representing them pays that 25 percent tariff to U.S. Customs and Border Protection. So in other words, a company in America is handing that money over.

Sure. So let's use a concrete example. Let's say an American airplane manufacturer is importing aluminum from Canada. So that aluminum arrives at a U.S. port and there the manufacturer or a broker representing them pays that 25 percent tariff to U.S. Customs and Border Protection. So in other words, a company in America is handing that money over.

Sure. So let's use a concrete example. Let's say an American airplane manufacturer is importing aluminum from Canada. So that aluminum arrives at a U.S. port and there the manufacturer or a broker representing them pays that 25 percent tariff to U.S. Customs and Border Protection. So in other words, a company in America is handing that money over.

It's not the Canadian company selling the goods and it's certainly not Canada.