Trump's August tariffs, markets wait for impact

President Donald Trump has outlined higher tariffs for 14 countries if trade deals aren't made by August 1st. Letters posted on Truth Social warn of even higher tariffs if countries retaliate with their own import taxes. The strategy's impact on global trade relations is still being measured. LiveNOW’s Andrew Craft is speaking with Peter C. Earle, a senior economist at the American Institute for Economic Research (AIER).