How Will Tariffs Affect The Economy

Treasury Secretary Steven Mnuchin recently told Fox News that he doesn’t expect President Donald Trump’s tariffs to have a “big impact on the economy.”


Mnuchin stated, “I don’t expect to see a big impact on the economy. But again, I think what we’re doing is long-term very good for the economy.”

“We’re not afraid of a trade war but that’s not our objective.”

“We are going to proceed with our tariffs. We’re working on that. But we’re simultaneously having negotiations with the Chinese to see if we can reach an agreement.”

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