Complexities of Tariffs and Their Impact on Business

Throughout the week, President Trump and his administration have emphasized that tariffs are coming for two of our biggest trade partners and one of our trade adversaries.

Canada, Mexico, and China can all expect 25 percent tariffs on their goods sent to the United States as a punishment for the illegal immigration and fentanyl that authorities see pouring through U.S. borders.

The Big Money Show co-anchor Taylor Riggs spoke to Lydia Hu, who was reporting live from Canada, about the approaching tariff deadline, the Trump team’s motivations, and what impact Americans can expect in the short to long term.

Photo Credit: AP

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