Coffee is one of the products that will be affected by President Trump’s prices.
Angela Weiss / AFP via Getty Images
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Angela Weiss / AFP via Getty Images
Coffee is one of the products that will be affected by President Trump’s prices.
Angela Weiss / AFP via Getty Images
After a week of market troubles, President Trump announced that he would reset his most extreme tariffs to 10% in all areas, except China – which he increased at a rate rate of 125%. Even at the reduced level, the rate rates are the highest that the nation has seen in many decades.
And higher prices result in higher prices for American consumers. Martha Gimbel of the Yale Lab budget makes an imaginary walk through a large-area store to see how people could pay for t-shirts, rice, drugs and other staples.
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This episode was produced by Erika Ryan and Connor Donevan, with the audio engineering of Simon-Laslo Janssen. It was published by Christopher Intagliata. Our executive producer is Sami Yenigun.
