Quotes
I’m very worried about the total indiscriminate tariffs on more than China — that it gives cover to firms to jack up prices,
said Jen Harris, a former Biden White House official who is now director of the Economy and Society Initiative at the William and Flora Hewlett Foundation We know the key economic policy priorities of the incoming Trump administration, but we don’t know how or when they will be addressed,
said Greg Daco, chief U.S. economist at EY-Parthenon There’s going to be a lot more tariffs, I mean, he’s pretty clear,
said Michael Stumo, the CEO of Coalition for a Prosperous America, a group that has supported import taxes to help domestic manufacturing There’s very little in [the] consumer electronics space that is not imported. … These are goods that people need, and higher prices are not helpful,
It’s a story about the art of the deal,
Fox News host and former Trump spokeswoman Kayleigh McEnany said Tuesday on the network Another way to think about this is it’s 4 to 5 months of a normal year’s inflation in one fell swoop,
Ernie Tedeschi, The Budget Lab’s director and the former chief economist under the Biden administration, said in an email I think what President Trump is trying to do is saying if we get together and solve this problem, those tariffs need not happen,
media mogul Steve Forbes said Tuesday on Fox News The last thing Americans want is upward pressure on their family finances,
the organization’s statement read What would happen is, the U.S. would put on tariffs, and then China would put on tariffs in a bunch of places really important to Republican constituencies,
We hope the U.S. side will also have no intention to contain or suppress China,
Xie said, ... according to the embassy’s transcript If the Chinese are suffering 60% tariffs across the board, the likelihood of their wanting to cooperate in other realms of the relationship goes down dramatically,
There’s a lot of hope here that he can be a bridge and help keep things calm, ... I don’t know if that is more wishful thinking than clear analysis.”
European countries will be less likely to strike any kind of bargain with Trump than Canada or Mexico,
said Peterson Institute for International Economics nonresident senior fellow Gary Hufbauer Our assumption is that all these other countries, all these other advanced economies, especially in Asia, they will retaliate in kind,
economist Bernard Yaros of Oxford Economics told Agence France-Presse What he definitely does is alienate all his allies,
It’s going to be very bad for the North American economy if this scenario unfolds as promised. We can hope that it’s just an elaborate bluff,
This is a time when U.S. consumers have expressed a lot of dissatisfaction with inflation, and arguably elected Trump because of that dissatisfaction,
says Kimberly Clausing, former lead economist in the Biden Administration’s Office of Tax Policy But Mexico's response, that we're going to respond to you with tariffs, that will make Trump really impose them,
she told the Associated Press Why tax them and put them at risk?"
As everyone is aware, thousands of people are pouring through Mexico and Canada, bringing Crime and Drugs at levels never seen before. Right now a Caravan coming from Mexico, composed of thousands of people, seems to be unstoppable in its quest to come through our currently Open Border,
the president-elect wrote on Truth Social
