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Published

Trump’s threat to impose tariffs could raise prices for consumers, colliding with promise for relief

  • Donald Trump threatens to impose 25% tariffs on imports from Mexico and Canada, which could raise prices for consumers on goods from gas to automobiles.
  • Economists predict that companies would need to pass the added costs to consumers, leading to higher prices for food, clothing, and other essentials.
  • Alan Siger states, "Tariffs distort the marketplace and will raise prices along the supply chain, resulting in the consumer paying more at the checkout line.
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  • 47% of the sources lean Left
47% Left
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