‘I think its a bad idea’: Newly announced tariffs upsetting to some Bay Staters [Video]

HERE, TED. HEY JOHN LOCAL ECONOMISTS TOLD US TODAY IF YOU THINK THE GAS PRICES ARE TOLERABLE, THAT COULD CHANGE SOON. THAT’S BECAUSE THE U.S. IMPORTS A LOT OF CRUDE OIL FROM CANADA, AND IF THESE TARIFFS PLAY OUT, GAS PRICES COULD BE GOING IN THE WRONG DIRECTION. LOCAL ECONOMISTS TELL US GAS PRICES COULD GO HIGHER IN THE COMING WEEKS DUE TO TARIFFS ON CANADIAN CRUDE OIL AND DRIVERS ON THE MASS PIKE ARE NOT HAPPY ABOUT THE TARIFF NEWS. I DON’T LIKE THAT AT ALL. I THINK IT’S A BAD IDEA. YOU KNOW, HOPEFULLY EXPECT TO PAY MORE FOR PRODUCTS. I DO YOUR FAVORITE PRODUCE AT THE LOCAL GROCERY STORE WILL LIKELY COST YOU MORE IN THE NEAR FUTURE. PAUL LANE OF ARMSTRONG ADVISORS EXPLAINS WHAT THIS TARIFF TALK IS ALL ABOUT. SIMPLEST WAY TO EXPLAIN A TARIFF. IT IS A TAX ON A GOOD THAT’S BEEN PRODUCED …