Mike Crapo: “Trump's tariffs amount to a tax to make everything from…”

“But they're only a slight improvement on a crisis that the President created himself. At a time when people are rightly worried about the rising cost of living. Trump's tariffs amount to a tax to make everything from clothes to housing to food even more expensive. For example, last month, home prices hit a record high, and these tariffs could add more than $10,000 to the cost of a home.” (07:18–07:27)

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.