Sujet : Re: People imagined that Trump would be good
De : michael.trew (at) *nospam* att.net (Michael Trew)
Groupes : misc.news.internet.discussDate : 13. Feb 2025, 23:59:30
Autres entêtes
Message-ID : <67ae7919$0$849533$882e4bbb@reader.netnews.com>
References : 1
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On 1/31/2025 10:14 PM, JAB wrote:
Trump tariffs will cost U.S. households $830 a year, study says
President Trump's planned tariffs could effectively tax the average
U.S. household an extra $830 this year, an analysis from the
nonpartisan nonprofit Tax Foundation finds.
...
...
Zoom out: The Tax Foundation previously found that both Trump's and
Biden's tariffs raised prices, reduced output, lowered employment and
produced a "net negative impact on the U.S. economy."
https://www.axios.com/2025/01/31/trump-tariffs-mexico-canada-taxes
Lucky for my household, we buy almost everything second-hand, save groceries and toiletries. Tariffs won't hit us hard, but it may be rough for many. Best of luck to him, but Trump will have to learn the hard way that his tariffs won't bring back US industry, at least not like he hopes... He's just hurting the consumers.