Confused about the tariff turmoil? 'They are like a 5-dimensional Rubik's Cube'

Uh Natasha, starting with you. What's the reality here for American consumers. We hear that these companies are going to be absorbing the cost, but but give us a gut check here.So, uh my colleagues and I at the budget lab at Yale have been tracking all of these moves that we've seen in tariff rates over the course of the last many months. What we've concluded based on our models is that consumers are going to see a price increase on the order of magnitude of about $2,400 annually. And actually, when you thi ...