jeff moon from china moon strategies, thank you again for your thoughts. business leaders are warning that raising tariffs would be harmful to the global economy. the investment bank goldman sachs says tariffs will raise inflation in the us by nearly i%. michelle fleury has all the details in new york. the wall street investment bank goldman sachs is one that the wall street investment bank goldman sachs has warned that president—elect donald trump's proposed tariffs could put an upward pressure on prices. on monday, donald trump said on the social media platform, truth social, that he would impose an addition 10% tariff on goods from china and a 25% levy for canada and mexico. goldman's chief economist explained in a note to clients that the tariff hikes could increase core pce prices by nearly i%. the core pce, which excludes food and energy costs, is the federal reserve's preferred inflation gauge. based on the bank's analysis 1% rise in tariffs generally leads to 0.1% uptick in core pce inflation. with tariffs targeting china, mexico and canada who tog

mankindd interplanetary species kamala harris tinkle or jeff bezos to have millions of people living and working in space, you need those resources from the moonlikewise when you look at mars, a little bit more distant to look at the economic potential there. but at this point, but is more of printing foods on moon that it can be done and driving prestige that comes with that type of activity. >> todd: chris, this is overwhelming to the average american and i hear space in my head explodes because it is so out there. so if elon musk and trump to accomplish space goals, what does that mean for average everyday american watching this with a cup of coffee in hand trying to figure out why does this matter to me? >> it does matter. people see it in their life and probably don't notice gps everything we try to navigate is derived from space. a lot of communication systems and critical infrastructure coach a but more close to home, it is startling. consumer see that service and enjoy it and find benefit from it. but i think the next 10-20 years, we will see wholesale change and the view how space impacts the economy in our daily life. as i speak toda