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Austan Goolsbee: Tariffs on Mexican goods ‘incredibly stupid’

08:09

President Trump announced he would impose a 5% tariff on all goods from Mexico in June, unless the country stops the flow of undocumented immigrants. CNBC’s Bill Griffeth, NBC’s Kristen Welker, and former Chairman of the Council of Economic Advisers, Austan Goolsbee, join Ali Velshi to break down how these tariffs will affect the average American.