Gene Seroka: Tariffs Likely to Push Consumer Prices Higher Despite Only Temporary Changes

SEROKA: “Probably a little change, but if we continue down this path, the terrorists that were announced today, the section one to two of the trade act are only temporary by law. They’re allowed to be in place for one hundred and fifty days. So that means yet another way wave of decisions and investigations could take place and likely additional tariffs go in. That may be even higher. Now, we’ve seen over the past year, Alex that realistically, coffee and bananas are up 10 percent compared to where they were 11 months ago same with footwear, inferno you’re. So these additional taxes on American imports lead to higher prices. For you and me.”

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Gene Seroka: Tariffs Likely to Push Consumer Prices Higher Despite Only Temporary Changes‘The section one to two of the trade act are only temporary by law‘News & PoliticsRUSH EXCERPT:SEROKA: “Probably a little change, but if we continue down this path, the terrorists that were announced today, the section one to two of the trade act are only temporary by law. They’re allowed to be in place for one hundred and fifty days. So that means yet another way wave of decisions and investigations could take place and likely additional tariffs go in. That may be even higher. Now, we’ve seen over the past year, Alex that realistically, coffee and bananas are up 10 percent compared to where they were 11 months ago same with footwear, inferno you’re. So these additional taxes on American imports lead to higher prices. For you and me.”Video filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Audio filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Recipient e-mailMessage (optional)Preview

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