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Tariff Price Hikes Take Hold

Start Here

ABC News

News, Daily News, Politics

4.56.4K Ratings

🗓️ 16 July 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

Prices have crept upwards since President Trump’s tariffs went into effect, with promises of more on the way. GOP senators agree to cut $9 billion in previously-approved funding. And the DEA describes disturbing trends of college students buying stimulant pills laced with methamphetamine. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:30.1

It's Wednesday, July 16th, his tarifflation finally arrived. We start here.

0:38.4

Tariffs are beginning to leave their marks on prices with more on the way.

0:42.9

And we haven't even started yet.

0:44.5

Investors are betting President Trump will back off, but it's a risky wager for the

0:48.7

middle class.

0:50.1

Congress already agreed to spend this money.

0:52.3

Now these lawmakers want it back.

0:54.1

There has been a renewed commitment to reducing spending.

0:58.1

How legislative tweaks overnight could affect programs across the country.

1:02.5

And is that Adderall or methamphetamine?

1:05.4

The fake pills that predominantly used to be fentanyl, now we're seeing methamphetamine pills.

1:09.7

Why more college students are inadvertently popping pills laced with hard drugs.

1:17.0

From ABC News, this is Start Here. I'm Brad Milkey.

1:25.1

You probably remember when President Trump announced he was imposing huge tariffs on goods

1:30.0

from virtually every foreign country.

1:32.6

It sent shockwaves through the economy.

1:34.7

If you look at Switzerland, 61 percent to 31 percent.

...

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