Trump Admits Tariffs May Lead to Higher Consumer Prices

In an interview with NBC's "Meet the Press," President-elect Donald Trump stated he "can't guarantee" that his proposed tariffs won't lead to higher prices for American families. Trump defended tariffs as a tool that made the U.S. economy strong pre-COVID, despite economists' consensus that tariffs lead to higher consumer prices. He argued that tariffs are beneficial and claimed they cost Americans nothing while generating revenue and addressing international issues. Trump also criticized U.S. subsidies to countries like Canada and Mexico, advocating for a fair trade playing field.