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When will ‘tariff reality’ hit your wallet? Economics professor explains
MSNBC·2025-08-09 21:15

And joining me now is Justin Wolfers, president of economics and public policy at the University of Michigan. Welcome, Justin. So, President Trump warned of another great depression if courts strike down his use of emergency powers to justify his sweeping tariffs.What is your take on his claims. What is the possible fallout should courts find his tariffs illegal. I mean, let's start with the chaos, but what would the fallout be like.Uh wow. It feels like it must be opposite day if uh the president says that ...