More than 400,000 jobs will be lost if the 5% tariff goes into effect: research firm

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President Trump tells reporters that talks with Mexico are making headway. This as research firm Perryman Group estimates more than 400,000 jobs will be lost this year if the 5% tariff goes into effect. Yahoo Finance's Seana Smith and VP of the Association for Equipment manufacturers Kip Eideberg discuss.

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