Fed Chair Jerome Powell defended his stance at the Jackson Hole Economic Policy Symposium. Yahoo Finance's Jen Rogers and Brian Cheung discuss.
Daniel: Today, Donald Trump insisted that China pays the tariffs, hundreds of billions of dollars are coming in from China that never did before. Mr. Trump, please wake up and listen, the importers like Walmart are paying the tariffs and then pass it on to consumers in the form of higher prices. "we, the consumers are the people paying the tariffs".