by Ben Berkowitz
Axios
President-elect Trump reiterated his promises to impose tariffs and increase oil production, even if it impacts consumers.
Why it matters: By sticking to his campaign pledges, Trump would all but assure a fresh spike in inflation, which was a deciding factor in the election.
The big picture: In a sitdown interview with NBC’s “Meet the Press” that aired Sunday, Trump renewed his most important economic plans.
On tariffs, Trump stood by his promise for new levies on major trading partners, which he always insisted those other nations would pay.