Business Rundown: Tariffs & What They Mean For You

President-elect Trump has proposed a suite of different tariffs on
our trade partners, leaving many wondering whether they’ll come to
fruition or if they’ll be used as leverage in negotiations. Over
the weekend, Trump even floated the idea of “100% tariffs” on the
BRICS group of countries, which includes Brazil, Russia, India,
China, and South Africa. FOX Business correspondent Gerri Willis
speaks with Capitalist Pig hedge fund founder and FBN contributor
Jonathan Hoenig, who explains what tariffs are, how they’ve
impacted the U.S. economy and consumers historically, and why he
believes we are entering “the great unknown” on trade policy. Learn
more about your ad choices. Visit podcastchoices.com/adchoices