Trump’s Tariffs Whack Trump Voters
- The Trump administration's tariffs on Mexico, Canada, and China will cost U.S. Households around $3,000 each, leading to a total cost of approximately $400 billion per year overall.
- Trump's tariffs on imports from Canada, Mexico, and China will increase costs for U.S. Households by around $3,000 annually, according to an analysis.
- The Federal Reserve Bank of Atlanta reported a GDP contraction of 2.8% for the first quarter of 2025, contrasting with earlier growth estimates.
- The Conference Board noted the largest decline in consumer confidence since August 2021, suggesting growing economic concerns.
6 Articles
6 Articles
How Trump's Tariffs Will Hurt His Voters
'Gulp': WSJ editorial board 'puzzled' as Trump move set to 'whack' his own MAGA voters
President Donald Trump's tariff war is going to "whack" communities that cast the strongest votes for him, the conservative Wall Street Journal editorial board wrote in a new warning analysis published on Tuesday.Trump had previously planned to let the tariffs on Canada and Mexico take effect last m...
Trump's tariffs create a headwind for U.S. consumption, costing households up to 300,000 yen
The additional tariffs that U.S. President Trump imposed on Canada, Mexico, and China on the 4th have caused unrest in the U.S. industrial sector. Although there were predictions that the tariffs would be postponed or avoided, they have actually been imposed, and some are predicting that the U.S. tariff burden will return to levels seen during World War II. Some estimates put the burden on U.S. households at up to $2,000 (300,000 yen) per year. …
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