Trump Tariffs Push Staunch Critic Austria to Back Mercosur Deal

Andrew Hale, Senior Policy Analyst for Trade Policy at the Heritage Foundation, shares his thoughts on President Trump’s reciprocal tariffs announcement and states that if these tariffs are maintained the United States may get a recession and high inflation. Hale also discusses how he believes these tariffs could deter President Trump’s agenda, create victories for the Democratic party, and affect Trump’s MAGA base. Andrew Hale speaks with Kailey Leinz and Joe Mathieu on the late edition on Bloomberg’s “Balance of Power.” (Source: Bloomberg)