The Shift from Manufacturing to Service Economy

President-elect Donald Trump hasn't been shy about his love for tariffs. And now, he hopes to make good on campaign promises to implement them.

In practice, these tariffs could raise the prices of a variety of everyday goods including groceries. Economic issues like inflation led many voters to Trump. However, economists have raised concerns that this strategy could lead to another bump in inflation.

We unpack what these tariffs could mean for consumers and businesses and talk about how they'll affect the American and global economies.

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