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.
It’s almost like they think if those people have less happiness then they will have more. It’s the same nonsense that underlies trickle down economics, a childlike belief that things won’t be held onto by the ruling class with a vice-like grip.