Jerome Powell actually said...

The best approach is to deal directly with the people who are affected rather than falling back on tariffs.

Advocates for addressing trade impacts directly instead of relying on tariffs.

02/28/2018

More Jerome Powell Quotes

Tariffs this year are likely to push up prices and weigh on economic activity.

Part of that is due to the start-stop nature of the tariffs that have been introduced.

If we make a mistake, people will pay the cost for a long time.

The U.S. economy was in solid shape, but warned of very high uncertainty due to the impact of tariffs.