Veteran political analyst Brit Hume explained Wednesday on Fox News why he believes current rising prices should not be a major concern at this point.
President Donald Trump announced plans to implement “reciprocal tariffs” to match the charges that exporting countries impose on American products, potentially escalating a trade war. During an appearance on “Special Report with Bret Baier,” Hume shared his perspective on the matter and suggested that the rising prices as a result of the tariffs should not alarm the public.
“Anything that has a cost to manufacturers and other producers causes them to raise prices to cover that. So that’s something that’s got to concern the administration. I don’t think, however, Bret, that this current number on inflation, it is concerning perhaps to the administration, but it shouldn’t be alarming,” Hume told Baier.
Hume said…
