@cbsnews: Economist Justin Wolfers, a professor of public policy and economics at the University of Michigan, wrote in an op-ed "your life will never be the same" after this round of President Trump's tariffs. He joins CBS News’ Major Garrett to explain why. #news #politics #trump #economy #moneytok

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Tuesday 08 April 2025 00:09:12 GMT
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rarajeev_
R.S.R.S. :
it is trade protectionism with no manufacturing base. it is a tax on US voters sold as a tax on foreign nations. and trump did it.
2025-04-08 00:39:15
654
annaibarra90
annaibarra95 :
The article was so ridiculous. He said the tarrifs are going to force people to buy frozen vegetable vs fresh .
2025-04-08 00:56:40
7
dianeharrisondoran
Diane Harrison Doran :
5 years post Civil War was not a good years. Especially if you lived in the Southeast.
2025-04-08 14:59:05
0
thewildlife2
The Wildlife :
If tariffs don’t work, then why do other countries put them on American goods? Oh, that’s right because they WORK!!!!
2025-04-08 00:51:57
17
jett75nash
Jett75 :
We’re in a 36 trillion deficit Mr economist. He literally said nothing about that. It’s for a reason. Biggest money maker in history has 36 trillion debt and counting.
2025-04-08 00:39:28
5
genejacobs71
genejacobs71 :
This video isn’t going to age well for him
2025-04-08 00:43:04
8
davebartels43
David Bartels :
This guys professional career is over if Trump succeeds. This has never been done before
2025-04-08 00:57:29
5
lilprince2222
LilPrince222 :
I think you miss the point. It’s not about tariffs. It’s about the one with the biggest stick saying, start paying us a tax. We’ve given enough. Don’t buy our shit. Just fork over the money.
2025-04-08 06:16:51
3
jiffy14u
Jiffy1_4U :
Looking for the video saying ‘oops-I was wrong’ ha ha ha ha 🤡 ha ha ha ha ha dems do be dense
2025-05-12 18:43:48
0
bobbych78
BobbyC :
They bring other countries to the negotiating table. Lets not foget that
2025-04-08 00:54:59
4
fellpn367
fl367 :
The same MAGAts crying about eggs last year are celebrating the rest of their groceries being more expensive now 🥴
2025-04-08 01:02:06
410
randommd123
RandoMD :
Why wasnt this discussed BEFORE the election. This is not a surprise. He promised to do this. THe media FAILED
2025-04-08 07:14:05
148
dan_dan_drummer_man
Daniel Caruso609 :
The lefties want the status quo. Pay all the tariffs from other countries, and let them get rich while they produce our products and ship them back to us. That’s some good economics.
2025-04-08 01:06:17
4
kez07516
kez :
It’s true, trump has changed USA standing on the world stage long standing alliances absolutely destroyed
2025-04-08 00:27:20
69
synthwayjourneys
synthwayjourneys :
One disclosure is that this man’s household income is close to 2 million a year. I think his opinion is proving how out of touch he is
2025-04-08 01:01:53
6
guccipuccipetspa
The Lady :
No coverage of all the countries who are dropping the tariffs on the US?
2025-04-08 02:28:07
4
origamidreams
OrigamiDreams :
Trump’s tariffs are basically a 30-50% nationwide sales tax.
2025-04-08 05:00:57
165
musichawk3
Musichawk :
He and his wife bring in 2 million a year. He is not hurting. Really
2025-04-08 00:45:33
6
russelllafountain
russelllafountain :
I think if a country has a tariff on us we should stop exporting goods to them keep our resources here we should stop exporting good to the whole world see what happens then
2025-04-08 00:44:17
3
peg2944
Peggy O :
It makes sense if you realize 47 gets more people groveling to him for relief. He is acting like a mob boss.
2025-04-08 03:28:02
52
concernedcitizen339
concernedcitizen :
don't remember the tariffs in first term. how bad could it have been
2025-04-08 00:46:37
3
drago4444444
drago4444444 :
Oh no the sky is falling the sky is falling 😂😂😂😂😂
2025-04-08 00:52:36
7
dvcdad4
DVCDAD4 :
I’ll look all these so-called experts were wrong. All these countries are starting to lower their tariffs in most cases down to zero.
2025-04-08 01:55:05
2
user5253097808185
user5253097808185 :
I don’t have a lot in my 401 because the option came late in my career and I have a pension. I’m thinking about pulling my money out
2025-04-08 01:51:21
5
da.fun.bro
Sammy :
I love how they keep saying “we’re bringing jobs back” when the United States has neither the workers nor the factories. Also add the fact even Trump’s cabinet said AI will be used to fill jobs.
2025-04-08 05:51:11
97
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