Veteran political analyst Brit Hume weighed in on the repercussions of President Donald Trump’s tariffs on Fox News Wednesday.
Trump declared a national emergency on Wednesday and imposed a series of reciprocal tariffs that were set at roughly half of the rates charged by other nations on U.S. imports, with a minimum of 10%, for an initiative the White House has labeled “Liberation Day.” During an appearance on “Special Report with Bret Baier,” Hume discussed the potential benefits, as stated by Trump. Hume said the plan could significantly impact the U.S. economy.
“Money is being invested in this country. He’s announced a number of instances of that. Factories may be relocated here. All that will take time. Factories don’t get built overnight. Money invested doesn’t begin to show its effects to people right away,” Hume told Baier. “But the effect of…
