Money Rehab with Nicole Lapin
The Latest on China and How Lighter Tariffs Will Affect Your Wallet with Fred P. Hochberg
Apr 25, 2025
Fred P. Hochberg, former President of the Export-Import Bank, joins to discuss the recent positive shift in U.S. tariffs on Chinese goods. He outlines how these changes could impact consumer prices, especially for holiday shopping. Fred explains the complex relationship between tariff policies, small businesses, and everyday Americans. He emphasizes the need for a fair trade approach and how economic uncertainty affects consumer behavior and the manufacturing landscape. This conversation sheds light on critical economic dynamics at play today.
46:54
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Quick takeaways
- The potential reduction of tariffs on Chinese goods could lower consumer prices, benefiting households struggling with rising costs.
- Consumer uncertainty amid economic fluctuations may lead to decreased spending, impacting businesses and increasing the risk of recession.
Deep dives
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