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North Carolina News You Can Use

Video: What the press is getting wrong about Trump’s tariffs

By Billy Ball

April 15, 2025
This might be the only report on Trump’s tariffs that isn’t about the stock market. Why? Because, in 2024, the richest 10% of Americans held more than 90% of the stocks.
That means, for most Americans, the biggest impact of Trump’s “put-a-tariff-on-everything” policy, if it ever goes into effect, will be the rising cost of everything, including your groceries. Senior Editor Billy Ball breaks it down.

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Author

  • Billy Ball

    Billy Ball is Cardinal & Pine's senior community editor. He’s covered local, state and national politics, government, education, criminal justice, the environment and immigration in North Carolina for almost two decades, winning state, regional and national awards for his reporting and commentary. He's also the founder of The Living South, a journalism project about the most interesting people in the American South. Send all story tips to [email protected] and sign up for his newsletter here.

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CATEGORIES: LOCAL VIDEO

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Billy Ball
Billy Ball, Senior Community Editor
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