'Recipe for Inflationary Pressures:' Holtz-Eakin on Trump Tariffs

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Douglas Holtz-Eakin, American Action Forum President, shares his reaction to President Trump vowing to place a 25% tariff on Mexico & Canada, and a 10% tariff on China starting February 1st. He states a tariff on Canadian oil is “a recipe for inflationary pressures,” and that these tariffs will have an economic impact. Douglas Holrz-Eakin speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s “Balance of Power.” (Source: Bloomberg)

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