The Opening Bell 6/22/18: Is Now The Beginning of Trade War Price Hikes?

U.S. Commerce Secretary Wilbur Ross meeting with Chinese Vice Premier Liu He in Beijing, (AP Photo/Andy Wong, Pool)

This week, concerns over trade is front and center with the markets reacting appropriately. Paul Nolte (SVP & Sr. Portfolio Manager at Kingsview Asset Management) explained to Steve Grzanich that products like Campbells soup might only be a penny more in the short term, but when other countries react to the tariffs, prices will go up. Brian Sumers (Airline Business Reporter at Skift.com)then shared some positive news about the airline industry becoming incredibly personalized (down to knowing your favorite drink) because we’re in the age of data.