Experts weigh in on the impact of tariffs

(WPHL) — What is the impact of tariffs on consumers and businesses? President Donald Trump has imposed tariffs of twenty-five percent on steel and aluminum imports. And, on April 2nd, reciprocal tariffs are expected to be imposed on countries that have duties on U.S. products. Experts say items from groceries to gas and more costly items like cars to appliances will be affected. To find out how tariffs could impact you and your family, we spoke with New Jersey based business analyst Carl Gould, President of 7 Stage Advisors.