Summary

Fox News host Julie Banderas warned that President-elect Donald Trump’s proposed tariffs—25% on products from Mexico and Canada and 10% on those from China—could significantly raise costs for Americans, as many businesses rely on foreign goods.

While some companies are shifting to U.S.-based suppliers or stockpiling goods ahead of the tariffs, Banderas noted that buying American often results in higher prices.

She highlighted that the financial burden would likely fall on consumers, questioning, “Who’s going to pay for that? We are.”

Economists have also warned of inflation risks.

  • MegaUltraChicken@lemmy.world
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    24 days ago

    the biggest cost factor that increases when you decide to make something in the US is regulations.

    I would love to see a source or some data backing this up.