CNN’s Rampell: ‘The Best Thing Trump Could Do for the Economy Is Just Basically Nothing at All’

SIDNER So if economists ░░░░░░░░ saying look he s ░░░░░░░░ handed an economy that ░░░░░░░░ in good shape and ░░░░░░░░ know it s going ░░░░░░░░ do better Trump is ░░░░░░░░ at you know tariffs ░░░░░░░░ he s big ones ░░░░░░░░ he said Canada Mexico ░░░░░░░░ China Can he do ░░░░░░░░ unilaterally or does Congress ░░░░░░░░ to weigh in here ░░░░░░░░ if so how would ░░░░░░░░ all work and what ░░░░░░░░ be the repercussion RAMPELL ░░░░░░░░ as I have said ░░░░░░░░ I think the best ░░░░░░░░ Trump could do for ░░░░░░░░ economy is just basically ░░░░░░░░ at all You know ░░░░░░░░ the hype man that ░░░░░░░░ U S economy needs ░░░░░░░░ as I said it ░░░░░░░░ a lot going for ░░░░░░░░ even if consumers aren ░░░░░░░░ yet recognizing it The ░░░░░░░░ of policy measures that ░░░░░░░░ just mentioned you mentioned ░░░░░░░░ on Canada Mexico and ░░░░░░░░ Remember Trump has threatened ░░░░░░░░ on all imports from ░░░░░░░░ the world And a ░░░░░░░░ of that yes he ░░░░░░░░ do unilaterally Some of ░░░░░░░░ will be challenged in ░░░░░░░░ but the president has ░░░░░░░░ lot of discretion to ░░░░░░░░ tariffs particularly if he ░░░░░░░░ excuses or pretexts like ░░░░░░░░ security which he used ░░░░░░░░ a lot in his ░░░░░░░░ administration And so I ░░░░░░░░ it s quite likely ░░░░░░░░ he will do something ░░░░░░░░ we don t know ░░░░░░░░ we don t know ░░░░░░░░ he s actually going ░░░░░░░░ carry out the exact ░░░░░░░░ that he made on ░░░░░░░░ campaign trail Certainly markets ░░░░░░░░ t think that because ░░░░░░░░ markets did believe him ░░░░░░░░ take him at his ░░░░░░░░ you would see a ░░░░░░░░ more turmoil in the ░░░░░░░░ market because automakers you ░░░░░░░░ retailers SIDNER Everything yeah ░░░░░░░░ all of those companies ░░░░░░░░ be badly hurt as ░░░░░░░░ would their customers right ░░░░░░░░ s that s the ░░░░░░░░ risk here that again ░░░░░░░░ ve been talking about ░░░░░░░░ inflation has come down ░░░░░░░░ lot But if you ░░░░░░░░ tariffs if you raise ░░░░░░░░ cost of almost everything ░░░░░░░░ buy almost all the ░░░░░░░░ Americans buy some of ░░░░░░░░ if not all of ░░░░░░░░ will be passed along ░░░░░░░░ consumers in the form ░░░░░░░░ higher prices.”