Stock Trader's Almanac Editor-in-Chief Jeffrey Hirsch shares how he thinks about President-elect Trump's tariff plans.
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00:00Trump's tariff plan, if implemented completely, would definitely raise prices and would be
00:05troublesome for the economy and the market.
00:07I don't expect him to do that.
00:08It's going to be a negotiating tactic.
00:10He is the order-of-the-deal guy, and they will be used tactically and strategically,
00:17and he wants to leave a legacy of economic prosperity, a bull market, and global stability.
00:23He's not going to do anything that's going to jeopardize that.
00:25He's going to play hardball and negotiate, but I don't think he'll implement all those
00:29tariffs.
00:30He's going to play hardball and negotiate, but I don't think he'll implement all those
00:31tariffs.
00:32He's going to play hardball and negotiate, but I don't think he'll implement all those
00:33tariffs.