'Single biggest threat' to local economy: Americans brace for layoffs, price hikes amid tariffs

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Americans are bracing for price increases and other potential consequences of President Trump's tariffs. Sterling Heights, Michigan Mayor Michael Taylor joins Ana Cabrera to explain how the tariffs are going to impact his residents and local businesses. For more context and news coverage of the most important stories of our day click here: https://www.msnbc.com/ » Subscribe to MSNBC: https://www.youtube.com/msnbc » Subscribe to MSNBC on TikTok https://www.tiktok.com/@msnbc » Subscribe to MSNBC