what is the market impact?
dan clifton says it's actually
pretty small
so take 25% tariffs on $34
billion of goods
you get about $8.4 billion
on a $20 trillion economy, he
says it's less than 0.1% of gdp.
he says it's very small for the
first round but it's the
rhetoric and psychology that
could be more problematic for
the markets so we'll see what
the white house and ustr does
from here and if talks behind
the scenes bear any fruit.
guys
>> a very, very long list of
more than 800 products which are
going to be taxed when coming
into the united states
looks like aircraft are exposed.
i'm wondering which industries
are going to be most sensitive
in terms of the highlights
there's a lot of stuff here in
terms of parts and technical
manufacturing items that i have
no clue what they are.
>> manufacturing is going to be
key, sara.
think about those large
conglomerates like ge, like
honeywell.
the list sort of transformed in