Former Trump economic adviser: Tariffs are ‘highly regressive,’ will impact lower class

Axelrod: Trump's Tariffs Likely the 'Beginning of the End' for His Presidency

CNN senior political commentator and former Obama adviser David Axelrod said Monday on "Anderson Cooper 360" that President Donald Trump's tariffs were the "beginning of the end" of the Trump presidency. The post Axelrod: Trump’s Tariffs Likely the ‘Beginning of the End’ for His Presidency appeared first on Breitbart.

Economic expert says negotiations between trade partners & U.S. will decide tariffs impact

SAN DIEGO (KGTV) - Its been nearly 100 days since President Donald Trump was sworn into office. Since starting his second term, the President has made several economic policy shifts, including tariffs. We spoke with a financial expert about the potential price increases we could expect with the tariffs.It all depends how the uncertainty will resolve, Marc Muendler of UC San Diego said.Muendler is the economics department chair at UC San Diego.We…

US consumers will start feeling the pain of tariffs in stores by the end of May, Trump's ex-top economic advisor says

IBM's vice chairman, Gary Cohn, said US consumers will feel the tariffs' effects in "the last couple of weeks of May."Jemal Countess/Getty Images for Fortune MediaPresident Donald Trump's tariffs will hit US store prices by late May, a one-time advisor said.Gary Cohn, a key advisor in Trump's first presidency, said US consumers are scrambling to avoid price hikes.Logistics experts and shipping industry insiders told BI the effects of tariffs wil…

Gary Cohn says U.S. will see effect in "transportation of goods" from tariffs in a "few weeks"

Gary Cohn, who served as an adviser to President Trump in his first term and now is the vice chairman of IBM, tells "Face the Nation with Margaret Brennan" that amid the Trump administration's tariffs on China, "we're a few weeks away from starting to see the early effects what will happen in the transportation of goods."

Trump's Former Chief Economic Adviser Knows Tariffs Will Hit Poor People Hardest

While Gary Cohn explained who rising costs hurt the most, Trump claimed new tariff revenue could replace income taxes for Americans making under $200,000.

Former Trump economic adviser: Tariffs are ‘highly regressive,’ will impact lower class

Gary Cohn, a former economic adviser to President Trump, said the president’s tariffs will be “highly regressive” and hurt the lower class the most. Cohn joined CBS News’s “Face the Nation” on Sunday morning, just after Trump posted online that once tariffs kick in, many people who make less than $200,000 annually will see their…