6 years ago
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Ford announces plan to lay off workers after tariffs cost them $1B
The economy remains strong, but are we starting to see the first signs of stalling? Stephanie Ruhle is joined by Politico’s Ben White to discuss Ford’s plan to lay off workers after they say President Trump’s tariffs have cost them a billion dollars.
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It is sad, but it is kind of the whole point of imposing the tariffs. Tariffs make companies producing goods in the US more competitive against those that produce goods in China.