A former Trump official is warning that the President's decision to impose tariffs on different products, with aluminum and steel being the latest case, will cause "significant rattling" to the stock market.
Marc Short, who was Trump's director of legislative affairs, said in an interview that despite the president's claims, consumers will be the ones paying the price of the tariffs. "The president has a set of advisers who just are far more committed to the economic theory that tariffs work, not just the national security theory, but also the economic theory. They believe this will generate revenue," he claimed.
