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Mike Crapo: “These tariffs do nothing to bring down costs. And in fact…”

Featuring: Mike Crapo, Republican | U.S. Senate Idaho

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Mike Crapo Blocks Bill To Curb President's Authority To Impose Tariffs Ahead Of Mass-Tariff Deadline

Published | Video Starts at 08:20

And for new parents, just for example, the price of one stroller at Walmart went up 50% in two months. And there are countless more products that are facing higher prices. So let's be clear, These tariffs do nothing to bring down costs. And in fact, they could add, as I said earlier in this statement, about $2,400 to the average household's yearly expenses. That's money that most families don't have just lying around. We have all of those costs from these tariffs. (08:20–08:35)

CLAIM

Asserts that tariffs could increase household expenses by $2,400 annually.

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