a trillion dollar economy now and our correspondents a few months he joins us now from wall street sophie the u.s. commerce secretary wilbur ross i mean trying to play things down but investors don t seem to be buying it u.s. companies are already taking a hit if we take a look at the stocks who s hardest hit right now the american automakers for example are suffering because many of them are still importing auto hards from the european union for example so they re going to face higher costs which eventually are going to lead to american cars getting more and more expensive and then there are the food producers they need as a mini i m sure they can so they re facing higher costs and have to charge higher prices while european or canadian competitors are able to simply dodge the tariff because they can export their canned goods into north america and then the energy