00:00It's Benzinga bringing Wall Street to Main Street.
00:02The White House plans to continue Trump's tariff campaign following Republican losses
00:07in the November 3rd midterm elections, according to CNBC. White House official Jim Goyer said
00:13the administration plans to maintain the pace of its tariff campaign for the remainder of Trump's
00:18term, saying, we are just getting started. Goyer said tariffs are essential to rebuilding U.S.
00:24manufacturing and securing supply chains. Goldman Sachs economists previously projected
00:30additional tariffs could outweigh congressional reversals. Former Trump economic advisor Gary
00:36Cohn criticized the policy, arguing that tariffs raise costs for American consumers. A Reuters
00:42slash Ipsos survey found 62 percent of Americans support repealing Trump's tariffs. New York Fed
00:49research estimated that 26 percent of the 2025 tariff increase passed through to consumer
00:54prices. Democrats plan to target Trump's tariffs on Canadian imports when they take control
01:00of Congress in January. However, overriding a presidential veto would require substantial
01:05Republican support. For all things money, visit Benzinga.com.
