Former President Donald Trump has recently announced his plans for the US economy if he is reelected to the White House. One of them is imposing a 10% tariff on nearly all imports. Some economic research has pointed out that if enacted, it could start another trade war, making inflation worse. Yahoo Finance Senior Columnist Rick Newman joins the Live show to discuss Trump's proposal and what it means for the election and the economy. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino