If tariffs prove inflationary and interest rates are cut by 300 basis points as desired by Trump, then inflation will increase due to the combined effect of tariffs and rate cuts.
"if tariffs are shown to be inflationary and inflation begins to uptick and if let's say we do begin to do what Trump wants and we begin to cut rates by 300 basis points, cutting interest rates is also inflationary. So, not only would you have tariffs that is causing inflation to go up, but now you would have the interest rate cuts also exacerbating the entire problem."
