Summary
A new WalletHub poll reveals that 74% of Americans believe Donald Trump’s proposed tariffs will worsen inflation, which remains a major concern for most households.
Trump’s plan includes significant tariffs—up to 60% on Chinese goods and 20% on other imports—to protect American jobs and address issues like fentanyl production and border security.
Experts warn these tariffs could increase consumer prices, with middle-income families potentially losing $2,500 annually.
Analysts caution Trump’s plans may face political hurdles in Congress despite his economic-focused campaign promises.
I don’t think he cares as much about the tariffs, but I am quite sure tariffs on Mexico and Canada were Elonia’s idea
I mean he enacted tarrifs on Canada and Mexico in his first term so it’s not like it’s not something he’s been thinking about.
No, he just re-did the NAFTA, and it’s not better.
https://www.reuters.com/article/business/trump-reimposes-tariffs-on-raw-canadian-aluminum-canada-promises-retaliation-idUSKCN25308M/