Justin Lahart
speaker
1,185 appearances
22 recordings
1 series
first heard Jul 2017
last heard Dec 2024
Justin Lahart’s voice in public audio — every appearance, attributed to the second.
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Appearances
So it's not clear that would raise production a lot.
But in any case, oil prices are coming down.
Gasoline is floating around three bucks now, getting to under three.
So that's already happened.
It may have nothing to do with expectations of more drilling,
But it is disinflationary.
Economists generally think that tariffs will raise prices.
There are some offsets.
If you raise tariffs, the dollar might strengthen.
So that would have either sort of the opposite effect on import costs.
Tariffs would also face retaliation.
U.S.
exporters would have a harder time exporting those goods.
There could be an excess supply here, so prices for those could go down.
Also, consumers having to spend more money on tariffed goods might spend less on other items.
That could bring the prices of those other items lower.
But all in all, those are offsets, but not complete offsets.
The general idea is that tariffs will raise prices.
Presidents have in the past tried to attack inflation.
The results have really been mixed.
Showing 21–40 of 1,185 · page 2 of 60
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