How high tariffs hurt local budgets

Some public finance experts worry that the unpredictability of President Donald Trump’s tariff policy will dampen consumer spending, putting state revenue generated by sales tax at risk. With consumer sentiment on the decline, some wonder if Michigander will continue to support state and local budgets through spending. GUEST: Kevin Bain, senior strategist for climate and project finance at Public Sector Consultants; former director of strategy for the city of Detroit See omnystudio.com/listener for privacy information.