He's not spinning the facts, though, which can't be spun- he's agreeing costs go up, but he says it's not a big deal- he agrees with the basic premise that this trade war causes consumer prices to rise through what are essentially extra taxes. He calls the costs 'chicken feed', which is subjective to your net worth. Actually, he's saying, 'We're paying more, but so what?again, any story can be spun in any way you want it to...it truly doesnt matter what the subject or topic is. you cant even make a decision that would make 1000 people happy (there is always someone feeling left out)...much less a few billion.
The media is lying to you about Trump’s China tariffs
I agree with some of what he stated- he also agrees with what I've been saying here, which is that, contrary to what was claimed in the OP, tariffs have caused consumer prices to rise, and the new round of tariffs will cause them to rise further as they affect a wider range of products. If you want to argue the efficacy and purpose of the trade war, that's a different subject. The article above backs up what I said.
Yes, tariffs are “costs.” But they do not somehow destroy our money. They do not take our hard-earned dollars and burn them in a big pile. Tariffs are simply federal taxes. That’s it. The extra costs paid by importers, and consumers, goes to Uncle Sam, to distribute as he sees fit, including, for example, on Obamacare subsidies.