Danielle Kurtzleben
👤 PersonAppearances Over Time
Podcast Appearances
It's not the Canadian company selling the goods and it's certainly not Canada.
It's not the Canadian company selling the goods and it's certainly not Canada.
Right. And White House officials argue that foreign companies end up eating the cost of tariffs by lowering their prices. I recently asked Kevin Hassett, he's one of the president's top economic advisors, why that would be true. He told me that he expects foreign companies will lower their prices to compensate for the tariffs.
Right. And White House officials argue that foreign companies end up eating the cost of tariffs by lowering their prices. I recently asked Kevin Hassett, he's one of the president's top economic advisors, why that would be true. He told me that he expects foreign companies will lower their prices to compensate for the tariffs.
Right. And White House officials argue that foreign companies end up eating the cost of tariffs by lowering their prices. I recently asked Kevin Hassett, he's one of the president's top economic advisors, why that would be true. He told me that he expects foreign companies will lower their prices to compensate for the tariffs.
That would mean that the foreign companies' profits would go down, but prices wouldn't change for American importers or consumers.
That would mean that the foreign companies' profits would go down, but prices wouldn't change for American importers or consumers.
That would mean that the foreign companies' profits would go down, but prices wouldn't change for American importers or consumers.
No, at least not based on evidence from Trump's first term. I called an economist at Columbia University, David Weinstein, who studied Trump's first-term tariffs on China.
No, at least not based on evidence from Trump's first term. I called an economist at Columbia University, David Weinstein, who studied Trump's first-term tariffs on China.
No, at least not based on evidence from Trump's first term. I called an economist at Columbia University, David Weinstein, who studied Trump's first-term tariffs on China.
And other studies have also shown that American businesses and consumers largely paid Trump's first-term tariffs. Now, the White House has stood by its claims that foreign companies will eat the cost of these tariffs. But I've asked the White House for data backing that up, and I haven't received any.
And other studies have also shown that American businesses and consumers largely paid Trump's first-term tariffs. Now, the White House has stood by its claims that foreign companies will eat the cost of these tariffs. But I've asked the White House for data backing that up, and I haven't received any.
And other studies have also shown that American businesses and consumers largely paid Trump's first-term tariffs. Now, the White House has stood by its claims that foreign companies will eat the cost of these tariffs. But I've asked the White House for data backing that up, and I haven't received any.
Well, he's been asked about it at a press conference last month. A reporter asked him directly why he believes foreign governments are paying tariffs. Trump did not answer directly, but he argued the economy was fine in his first term when he imposed the tariffs.
Well, he's been asked about it at a press conference last month. A reporter asked him directly why he believes foreign governments are paying tariffs. Trump did not answer directly, but he argued the economy was fine in his first term when he imposed the tariffs.
Well, he's been asked about it at a press conference last month. A reporter asked him directly why he believes foreign governments are paying tariffs. Trump did not answer directly, but he argued the economy was fine in his first term when he imposed the tariffs.
And again, I've asked the White House for a more direct answer on this, and I haven't received a response.
And again, I've asked the White House for a more direct answer on this, and I haven't received a response.
And again, I've asked the White House for a more direct answer on this, and I haven't received a response.