'Who's going to pay? We are': Fox News host admits Trump tariffs are bad for Americans
Fox News host Julie Banderas warned viewers that they should be prepared to pay more for goods if president-elect Donald Trump follows through with his threat to place tariffs on Canada, Mexico and China.
While speaking to small business "expert" Gene Marks on Thursday, Banderas noted that Trump had vowed to make tariffs "so high, so horrible, so obnoxious" to force businesses to move to the United States.
"Oh, it's going to be a wild ride," she remarked. "Let's be realistic. I mean, a lot of American companies do not buy American. They do rely on a lot of merchandise that is purchased from other countries."
"Is this going to increase prices to you and me?" the host asked Marks.
"Oh, yeah. It could," the guest admitted. "It just depends on how the businesses decide to absorb those price increases."
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"I think if American companies are forced to buy American, it is going to cost more ultimately," Banderas pointed out. "And then who's going to pay for that? We are."
"We are going to be buying the merchandise that they are going to have to raise the costs on because they're not going to be buying from foreign countries," she added. "So ultimately, it does come down to the taxpayer dollar."
Watch the video below from Fox News.