Fox News viewers were given an unexpectedly honest look at the potential toll of the tariffs announced by President Donald Trump on Saturday and how the decision may impact them personally by increasing the cost of household staples.
As Fox News anchor Jon Scott interviewed Rep. Nancy Mace (R-S.C.), some two dozen products and companies flashed across the screen, from everyday items such as maple syrup, ground beef and strawberries to big-ticket purchases such as vehicles.
“It seems like virtually every sector of the American economy potentially could be targeted by these tariffs and the tariffs that Mexico and Canada have now announced that they will institute against U.S. goods,” Scott said:
Trump on Saturday announced tariffs on a wide range of goods imported from Canada, Mexico and China.
While Trump campaigned on a vow to cut the prices of groceries and utilities “immediately” on taking office, experts say the tariffs will have the opposite effect, and are likely to raise prices instead.
Trump admitted as much over the weekend, saying there may be “a little pain,” but insisting that it will be “worth the price that must be paid.”
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Canada and Mexico announced tariffs of their own in retaliation, while China has said it will take “necessary countermeasures” including a lawsuit with the World Trade Organization.