Trump’s Tariff Plan Rejected by Americans in New Poll
A recent WalletHub poll reveals that 74 percent of Americans anticipate increased inflation due to President-elect Trump’s proposed tariffs on imports from countries including China, Canada, and Mexico. These tariffs, intended to protect American jobs and punish countries with allegedly unfair trade practices, could add 60 percent to the cost of Chinese goods and up to 20 percent to other imports. Experts warn that these increased costs will likely be passed on to consumers, resulting in higher prices for everyday goods and potentially significant financial losses for middle-income families. The ultimate implementation of these tariffs remains uncertain, contingent upon bipartisan support in Congress.
John Q. Hosedrinker