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Elizabeth Warren: “President Trump's tariffs are also putting press rate which…”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

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Senator Warren's Inquiry on Economic Impact of Trump's Tariffs

Published | Video Starts at 04:47

Let me just say that again. President Trump's tariffs are raising the cost of a new home by 7,500 to $10,000. And that may just be the lower bound because President Trump's tariffs are also putting press rate which will make it more expensive to build and more expensive to get a mortgage. President Trump is making it personally impossible for more Americans to own a home. We're not going to have a chance to lower costs if Trump keeps up this tariff chaos. (04:47–04:57)

CLAIM

Asserts that tariffs are increasing construction and mortgage costs.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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