Gretchen Whitmer: “Tariffs have jacked up prices, costing families an average…”

“And if you're young, it can be hard to find a job that pays well or a home that you can afford. Tariffs have jacked up prices, costing families an average of 1000 bucks a year. Businesses of all sizes are facing higher costs and massive uncertainty too. Last year America had its worst manufacturing trade deficit ever, while China clocked their highest trade surplus ever, $1.2 trillion.” (11:16–11:22)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.