If Trump implements tariffs, consumer prices and inflation (CPI) will rise, prompting the Federal Reserve to react by cutting or raising interest rates, which will cause short-term economic 'pain' early in his presidency.
"when he begins to implement those tariffs... inflation begins to go up... if tariffs go up they always get passed down to the consumer right and if that's the case then consumers will be paying for more and that's going to be tracked on the inflation report and then the Federal Reserve might feel the need to either cut more interest rates or start to raise interest rates to slow down inflation so again it's like we understand that in the short term there's going to be pain but this is often what we need for long-term gain so I don't think you'll be super easy in the beginning"