Former Labor Secretary Robert Reich criticized President Trump's 50 percent tariffs on Canadian imports, describing them as "irrational." In an interview with CNBC's "Squawk Box" co-host Andrew Ross Sorkin, Reich expressed concern that these tariffs would lead to increased prices, particularly in the housing sector. He noted that as Canadian wood products become more expensive, the cost of housing is likely to rise.
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Former Labor Secretary Criticizes Trump's Tariffs on Canadian Imports
Former Labor Secretary Robert Reich criticized President Trump's tariffs on Canadian imports during an interview on CNBC. He warned that the tariffs could lead to rising prices, especially in the housing market, as Canadian wood products become more costly.
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Original Headline
Former Labor secretary calls Trump’s Canada tariffs ‘irrational’
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Former Labor Secretary Criticizes Trump's Tariffs on Canadian Imports