Former Labor secretary calls Trump's Canada tariffs 'irrational'

Former Labor Secretary Robert Reich on Wednesday called President Trump's 50 percent tariffs on Canadian imports "irrational." Reich warned in an interview with "Squawk Box" co-host Andrew Ross Sorkin on CNBC that prices would rise, particularly for housing, as a result of the trade war. "And as Canadian wood products become even more expensive, you're...

Former Labor Secretary Robert Reich on Wednesday called President Trump's 50 percent tariffs on Canadian imports "irrational." Reich warned in an interview with "Squawk Box" co-host Andrew Ross Sorkin on CNBC that prices would rise, particularly for housing, as a result of the trade war. "And as Canadian wood products become even more expensive, you're...