He said that he cannot guarantee American families won't pay more on the tariffs imposed on major trading partners, one of his key campaign promises.
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00:00President-elect Donald Trump is revealing more about his tariff plans.
00:04He said that he cannot guarantee American families won't pay more on the tariffs imposed
00:09on major trading partners, one of his key campaign promises.
00:13Speaking on NBC's Meet the Press, Trump disagreed with economists who argue that consumers bear
00:19the cost of tariffs, but admitted, quote, I can't guarantee anything.
00:22I can't guarantee tomorrow, end quote.
00:25He highlighted the strong pre-COVID economy under his administration, despite implementing
00:30numerous tariffs, particularly on China.
00:33Tariffs which are taxed on imported goods are paid by companies or individuals when
00:38bringing items into the country, with Trump previously threatening tariffs on countries
00:42like Canada, China and Mexico.