Who pays for the trade wars?

“Consumers are finding out that (President Donald) Trump's talk on tariffs and how China is picking up the tab for all of the tariffs is blatantly false. You’re going back-to-school shopping for your children, ok, (and) sneakers that cost ninety bucks in June now cost ninety-five bucks because guess what: We're picking up the tab on the tariff, on the trade wars that are so easy to win for Donald Trump,” says veteran columnist Mike Barnicle on Morning Joe during a conversation with Joe Scarborough about the current status of the U.S. economy.



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