President-elect Donald Trump made a lot of questionable promises on the campaign trail. But one of the biggest ones was his promise to improve the economy by imposing at least a 10 percent tariff on all imported goods. For goods from China, he wants a minimum 60 percent tariff. Never mind that some economists say these tariffs, if imposed, could cost the average U.S. household an extra $2,600 a year. Stacey Vanek Smith, senior story editor at Bloomberg Audio, helps us break down what Trump’s tariff plans could mean for all of us.
And in headlines: Trump confirms in an early morning retweet that he will try to use the military to mass deport millions of immigrants, momentum builds around the potential release of a House Ethics Committee report about former Rep. Matt Gaetz, and a new report finds 20 percent of Americans get their news from social media influencers.
Show Notes:
- Check out Stacey's work – www.staceyvaneksmith.com/audio
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- For a transcript of this episode, please visit crooked.com/whataday
Hosts & Guests
Information
- Show
- Channel
- FrequencyUpdated daily
- Published19 November 2024 at 08:30 UTC
- Length24 min
- RatingExplicit