As Trump's tariffs kick in, economist breaks down inflation and recession warning signs

After months of delay and backroom dealmaking, the Trump administration has imposed sweeping tariffs on nearly 100 countries, sending U.S. import duties soaring to their highest levels in nearly a century. To help break down the impact of the new tariffs and interpret some signs we’re seeing across the economy, Geoff Bennett spoke with Diane Swonk, chief economist at KPMG.