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.

  • ubergeek@lemmy.today
    link
    fedilink
    English
    arrow-up
    5
    ·
    23 days ago

    Things like charge controllers need to be made too, and nobody makes those domestically. Same with simple chips like 555 timers. Nowhere in the US are these made.