And unfortunately, when you raise your prices again, the Grinch doesn't understand how economics work. But When the tariff increases the cost of their goods, the things that they sell, and they have to raise the price to match the tariffs, are they going to sell as much? Thank you. I thought I had you all trained, too. And so what happens is, when people can't buy as much as they were going to because the prices went … (08:17–08:27)
CLAIM
Asserts that increased tariffs will lead to higher prices and reduced sales for small businesses.
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.
