Goldman Sachs: U.S. consumers bearing more than half the cost of Trump's tariffs

Today marks the start of a new round of President Trump's tariffs going into effect this morning. New fees on imported furniture and kitchen cabinets along with wood and timber. Critics say the tariffs, which could reach as high as 50% on some items, could take a huge toll on consumers, especially if you're renovating your house.Joining us now, Ernie Tedeski, uh the director of the economics and budget lab at Yale University. Ernie, these new tariffs are meant to help spur more domestic logging and furnitur ...