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Todd Federman, economics instructor at the Feliciano School of Business at Montclair State University, breaks down the real-world consequences of sweeping tariffs imposed by President Trump on April 2nd. From a staggering $10 trillion market loss to the inflationary impact on everyday consumers, Federman outlines how tariffs function, who pays them, and why they may do more harm than good.
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Todd Federman, economics instructor at the Feliciano School of Business at Montclair State University, breaks down the real-world consequences of sweeping tariffs imposed by President Trump on April 2nd. From a staggering $10 trillion market loss to the inflationary impact on everyday consumers, Federman outlines how tariffs function, who pays them, and why they may do more harm than good.