'He's Just Not Very Serious' Says Kamala Harris – 'You Don't Just Throw Around The Idea Of Tariffs Across The Board'

Kamala Harris is clarifying her economic stance as she gears up for the 2024 presidential race. One of her key targets? Donald Trump’s approach to tariffs. In a recent interview, Harris criticized Trump's plan to impose tariffs on U.S. imports, calling it reckless and poorly thought out.

Don't Miss:

• This billion-dollar fund has invested in the next big real estate boom, here's how you can join for $10.
• Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you.
• This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.

"He's just not very serious about how he thinks about some of these issues," Harris said, pointing to Trump's economic policies. She emphasized that tariffs shouldn't be thrown around lightly because they can have real consequences for everyday Americans.

While tariffs sometimes protect domestic industries, Harris believes Trump's broad approach is misguided. Instead of benefiting the American economy, she thinks his plan would hurt families already struggling with inflation by making everyday items more expensive.

Trending: Beating the market through ethical real estate investing' — this platform aims to give tenants equity in the homes they live in while scoring 17.17% average annual returns for investors – here’s how to join with just $100

Billionaire investor Howard Marks has also weighed in on this topic. Like Harris, Marks isn't convinced that Trump's tariffs are a good idea. In his latest memo, Marks stated that while tariffs could stimulate U.S. output, they would raise consumer prices. He warned that Trump's 10% tariff plan would essentially tax the average American, burdening families with higher costs.

However, Marks isn’t sold on Harris’s anti-price gouging policy either. The current VP wants to tackle grocery inflation, but Marks thinks she’s missing the bigger picture. "There's nothing wrong with trying to bring down the cost of necessities. However, the best way to do this is to encourage additions to supply."

Trending: These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends

And it seems that Harris listened because, as she said in that interview, “Supply that is without any question part of the solution. Creating more supply under my plan includes creating tax incentives to work with the private sector and homebuilders.”

Nevertheless, Harris contrasts her approach with Trump's, emphasizing the need for detailed analysis and long-term thinking. "One must be serious and have a plan, and a real plan that’s not just about some talking point ending in an exclamation at a political rally but putting the thought into what will be the return on the investment, what will be the economic impact on everyday people," she said. 

See Also: IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things ‘Even More Insanely Complicated’

For Harris, economic policy is about understanding the ripple effects and ensuring changes are carefully considered before implementation.

Vice President Kamala Harris recently admitted that the Biden administration kept some of Trump's tariffs. Still, she criticized his new plan, calling it a "20% sales tax on everyday items people need to make it through the month."

Like any policy, the full impact on voters isn't always clear from sound bites coming from both sides. However, most economists agree that higher tariffs usually result in higher prices for American consumers.

Read Next:

• A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today.
• Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!