April 3, 2025

Initial Impacts of Trump Tariffs on Americans

FOX 35 Orlando

International Trade attorney Francisco Sanchez was interviewed on FOX 35 Orlando where he discussed the sharp decline in the stock market following President Donald Trump's new tariffs on foreign goods. These tariffs represent a major shift in U.S. trade policy, leading to uncertainty for manufacturers with global supply chains. Mr. Sanchez noted that although large corporations might push suppliers to absorb the tariffs, not all businesses have this leverage, and consumers may feel the effects for an extended period as companies and shippers adapt.

Duration: 7:57

Related Insights