President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries, claiming that foreign nations will pay such taxes to the U.S. Treasury. But it's American consumers who would actually be opening their wallets to pay for tariffs. Correspondent David Pogue talks with Dartmouth economics professor Doug Irwin about the unintended consequences from such trade barriers. "CBS News Sunday Morning" features stories on the arts, music, nature, entertainment, sports, history, science and Americana, and highlights unique human accomplishments and achievements. Check local listings for "CBS News Sunday Morning" broadcast times. Subscribe to the "CBS News Sunday Morning" YouTube channel: https://youtube.com/CBSSundayMorning Get more of "CBS News Sunday Morning": https://cbsnews.com/sunday-morning/ Follow "CBS News Sunday Morning" on Instagram: https://instagram.com/cbssundaymorning/ Like "CBS News Sunday Morning" on Facebook: https://facebook.com/CBSSundayMorning Follow "CBS News Sunday Morning" on Twitter: https://twitter.com/CBSSunday Subscribe to our newsletter: https://cbsnews.com/newsletters/ Download the CBS News app: https://www.cbsnews.com/mobile/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: licensing@veritone.com

TariffsDonald Trumptarifftaxtrade warinflationrising pricesimports