Here’s why Trump thinks tariffs are good for the U.S. — and what the experts say

November 26, 2024 US onAir Curator

CBS News

“But tariffs are two things if you look at it,” Trump said in October in an interview with Bloomberg News editor-in-chief John Micklethwait. “No. 1 is for protection of the companies that we have here, and the new companies that will move in because we’re going to have thousands of companies coming into this country.”

Here are four ways Trump says tariffs will help with the U.S., along with what experts say.
1. Protect U.S. manufacturing
2. Bring new companies to the U.S.
3. Deliver billions in new federal revenue
4. Stem the flow of drugs and illegal immigration

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