Watch CNBC's full interview with White House National Economic Council Director Kevin Hassett

Kevin Hassett Wants to Punish Researchers Who Found 90% of Tariffs Are Paid For By Consumers

Kevin Hassett, Trump’s director of the National Economic Council, claimed that researchers responsible for a study that found 90% of tariff costs were shouldered by U.S. consumers and companies should be “disciplined.” Hassett joined CNBC’s Squawk Box to discuss the study with host Joe Kernen, who asked President Donald Trump’s economic advisor if the numbers were true. Hassett dismissed the study as an “embarrassment.” “I mean, the paper is an …

Creepy Kevin Hassett Attacks Tariff Study: 'They Should Be Disciplined'

White House Economic Advisor Kevin Hassett did not appreciate the data collected by the New York Federal Reserve that explained 90% of Trump's tariffs are being paid domestically, undermining Trump's ridiculous claims about them. CNBC reports, "The researchers looked at whether countries that export products to the U.S. were lowering their prices, or in effect eating the tariffs, or raising their prices and passing them onto consumers and compa…

Watch CNBC's full interview with White House National Economic Council Director Kevin Hassett

White House National Economic Council Director Kevin Hassett joins 'Squawk Box' to discuss President Trump's tariffs agenda, his reaction to a new study by the New York Federal Reserve claiming that 90% of the tariff burden is being shouldered by U.S. firms and consumers, state of the economy, and more.