Eric Trump misinterprets tariffs in Fox News interview on drug trafficking

Eric Trump, during a Fox News appearance, mistakenly suggested that tariffs could be used to penalize countries like Mexico, Canada, and China for drug trafficking. He claimed that tariffs would cost these countries billions without acknowledging the potential impact on American consumers. His comments followed his father, the president-elect, who announced plans to increase tariffs on goods from these countries to combat illegal immigration and drug imports. The president-elect proposed a 25 percent tariff on Mexico and Canada and an additional 10 percent on Chinese products. Economists have warned that tariffs typically raise costs for U.S. consumers, as businesses may pass on the extra expenses. Critics noted that essential imports, like avocados from Mexico and lumber from Canada, could see significant price increases.