April 8, 2025 – Sweeping new import tariffs on about 60 countries and territories went into effect at midnight eastern time Wednesday creating uncertainty about how much exactly prices could go up on everyday goods.
Universal tariffs of 10% are already in effect, and China faces the steepest levy.
PIC’s Chief Economist Dr. Daniel Enemark joined FOX 5 to explain the concerns about a recession, unemployment and inflation.
Sweeping new import tariffs on about 60 countries and territories went into effect at midnight eastern time Wednesday creating uncertainty about how much exactly prices could go up on everyday…
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