The Metro: What are tariffs? And how could they affect consumers?
Bharat Ramamurti of the American Economic Liberties Project joined the show to discuss Trump’s tariffs, both paused and in effect.
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On Tuesday, President Trump’s order to place 10 percent tariffs on Chinese imports went into effect. And China was apparently ready, placing retaliatory tariffs of 15 percent on U.S. goods.
Meanwhile, the proposed tariffs on goods from Canada and Mexico are temporarily paused after both countries agreed to send troops to their respective borders with the U.S. It’s a deal that President Trump says will help stop migrants from entering the U.S. and slow the illegal flow of fentanyl.
Bharat Ramamurti is the senior advisor for economic strategy at the American Economic Liberties Project and a former economic communications advisor for the Biden-Harris administration. He spoke with senior producer David Leins about Trump’s tariffs, both paused and in effect.
Hear more stories from The Metro on Wednesday, Feb. 6, 2025.
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