Elizabeth Warren on Tariffs: All the ‘Economic Signs Are Flashing Red,’ Things Are Happening that ‘People Will Never Recover From’

RUSH TRANSCRIPT Tonight senator ░░░░░░░░ Warren Democrat of Massachusetts ░░░░░░░░ sits on the finance ░░░░░░░░ and is the ranking ░░░░░░░░ on the banking committee ░░░░░░░░ with these tariffs about ░░░░░░░░ go into effect in ░░░░░░░░ overnight around midnight how ░░░░░░░░ more economic pain are ░░░░░░░░ all facing Well we ░░░░░░░░ facing a lot of ░░░░░░░░ And understand we look ░░░░░░░░ the dow Jones and ░░░░░░░░ S P because those ░░░░░░░░ easy numbers to track ░░░░░░░░ the reality is this ░░░░░░░░ already being felt by ░░░░░░░░ partly because prices are ░░░░░░░░ up We already see ░░░░░░░░ soft data showing us ░░░░░░░░ there are a lot ░░░░░░░░ companies out there saying ░░░░░░░░ know what We can ░░░░░░░░ what s coming We ░░░░░░░░ just going to raise ░░░░░░░░ prices now and then ░░░░░░░░ we need to raise ░░░░░░░░ more later we will ░░░░░░░░ that The head of ░░░░░░░░ Fed said on Friday ░░░░░░░░ this kind of across ░░░░░░░░ board tariffs means prices ░░░░░░░░ go up for families ░░░░░░░░ ll see more inflation ░░░░░░░░ he also pointed out ░░░░░░░░ is likely to go ░░░░░░░░ as well So there ░░░░░░░░ going to be people ░░░░░░░░ lose their jobs We ░░░░░░░░ about this Recession Goldman ░░░░░░░░ JP Morgan Oh I ░░░░░░░░ that that all of ░░░░░░░░ signs the economic signs ░░░░░░░░ flashing red And remember ░░░░░░░░ lost 700 000 jobs ░░░░░░░░ month in the last ░░░░░░░░ Recessions are not just ░░░░░░░░ that happen on Wall ░░░░░░░░ They are things that ░░░░░░░░ family by family by ░░░░░░░░ And there are people ░░░░░░░░ never recover from.