Dr. Ray Perryman: Trump's Tariffs Would Be  "Somewhere Between Bad and Ugly" for Texas

President-elect Trump is proposing steep tariffs on our North America trading partners. Those extra levies would be passed onto consumers in the form of higher prices on everything from clothing to food to cars. But the bigger price would be to the economies of all countries involved, says Waco-based economist Ray Perryman of The Perryman Group. He has crunched the numbers for governments, huge companies, and public policymakers. Perryman ran the tariff numbers for Y'all-itics and shares the staggering results that include a significant shrinking of the economy and tremendous job losses if the tariff's Trump is threatening actually materialize. Guest: Dr. Ray Perryman, President & CEO-The Perryman Group