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CNN host Kasie Hunt began her Tuesday show citing "one flashing red economic warning sign arriving on American soil."
At the top of her show, Hunt described the first shipping container vessel containing Chinese goods that floated into the Port of Los Angeles as only "half full."
President Donald Trump issued a 145% tariff on many goods coming into the U.S. from China.
Because those ships are so empty, Hunt said, "In just a matter of weeks, Americans are set to be faced with higher prices, shortages on store shelves, the prospect of fewer jobs."
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The head of the L.A. Port told CNN Tuesday, "that getting things from China to the U.S. is now costing about two and a half times more than they did just last month."
"Just think about your own household budget and what it would look like if suddenly everything costs two and a half times what it costs right now," Hunt said. "So, with those very tangible impacts, is there some hope for some deal somewhere, anywhere?"
Trump met with Canadian Prime Minister Mark Carney on Tuesday morning. One of the questions from a reporter was whether Carney could say anything to Trump that would get Trump to lift the tariffs on Canada. Trump said, "no."
See the clip below or at the link here.
- YouTube youtu.be