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“For God’s sakes, don’t raise prices on typical families,” former economic adviser says on tariffs (Video)

President Trump walked back his "reciprocal" tariffs Wednesday, announcing that higher levies on most nations will be put on pause for 90 days. Gene Sperling is the former director of the National Economic Council and assistant to the president for economic policy under former Presidents Bill Clinton and Barack Obama and was a senior adviser to former President Biden. Vance Ginn was the chief economist for the White House's Office of Management and Budget during President Trump's first term. They join "The Daily Report" with analysis.

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"For God's sakes, don't raise prices on typical families," former economic adviser says on tariffs (Video)

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"For God's sakes, don't raise prices on typical families," former economic adviser says on tariffs (Video)

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Summary
"For God's sakes, don't raise prices on typical families," former economic adviser says on tariffs (Video)
Title
"For God's sakes, don't raise prices on typical families," former economic adviser says on tariffs (Video)
Description

President Trump walked back his "reciprocal" tariffs Wednesday, announcing that higher levies on most nations will be put on pause for 90 days. Gene Sperling is the former director of the National Economic Council and assistant to the president for economic policy under former Presidents Bill Clinton and Barack Obama and was a senior adviser to former President Biden. Vance Ginn was the chief economist for the White House's Office of Management and Budget during President Trump's first term. They join "The Daily Report" with analysis. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: https://instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on Twitter: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: licensing@veritone.com