the sound of heads exploding at the warden school of business. that s because those billions of dollars in tariffs president trump placed on thousands of chinese items entering the u.s. is usually paid for by the u.s. importer who often passes much of that cost to you. they re paid for by the americans who are buying chinese products. so rather than use the word tariff, we should say this is a tax on americans. what americans are hurting because of the tariffs? consumers have to pay higher prices. farmers have been particularly hurt because of the retaliation. retaliation. china placed tariffs on hundreds of american products. here s a pretty typical plant. hurting farmers such as this man in western pennsylvania who spoke with cnn this summer. what percentage of your soybeans is exported? 100% of my beans.
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that changed today. the nra holding a news conference for the first time since the massacre in connecticut. james rosen is live in washington with more on this. james? reporter: jenna, this a remarkable moment to watch. the head of the nation s largest gun rights organization at once responding specifically to the massacre at sandy hook elementary school in newtown, connecticut, putting forward specific if not altogether surprising policy descriptions for the future and delivering both a sering indictment of hollywood, the news media, the gaming culture and corporate america while at the same time offering an impassioned defense of the gun culture and the historic role of the gun as he sees it in securing an advancing american history. wayne louisiana by year called on congress to act immediately to appropriate whatever funds are necessary to put armed police officers in every single school in america and to do so before classes resume in january. he assailed corporate conglomerates
multifaceted school protection plans that each school can tailor and tweak to its own needs improving plans for overall security, design savvy, and student and teacher training. the point was if we arm the secret service and capitol police to protect our president and lawmakers as well as safety officers at other places, why not our kids in our schools? so the next shoe has dropped in the gun control debate. jenna? jenna: james, thank you. reporter: thank you. jon: now a fox news weather alert as the blizzard moving across the midwest heads east creating a travel nightmare for millions of americans just before christmas. whiteout conditions forcing police in missouri to close parts of interstate 29 for several hours after a string of crashes on that road. one of the worst crashes was near clarion, iowa, where three people died in a pile-up involving dozens of cars. jenna: got to be careful on those roads right now.
got one of them. let s hope they get the other. reporter: absolutely. jon: thanks. jenna: well, right now the threat to have fiscal cliff having a major impact on the housing market. it may not be directly with the fiscal cliff, but just it being the end of the year as well. buyers, sellers and brokers reportedly pushing to sell on properties before the end of the year to beat taxes on real estate that may kick in in january. sam chanen is an adjunct professor at the warden school of business, your specialty being real estate? yes. jenna: what s going on in the market today? it s not unusual that we ll see an uptick in sales. there are people who for a variety of tax-planning reasons will want to sell their or property whether it s an individual home, commercial before we hit december 31st. it s a little bit more than that this year. as you pointed out, we have the fiscal cliff. there s the potential for a meaningful rise in the capital