Two-thirds of Americans think Trump tariffs will lead to higher prices, poll says
Two-thirds of Americans think Trump tariffs will lead to higher prices, poll says
Exclusive: a Harris poll raises questions about the popularity of one of Trump’s key economic policy platforms
Summary
A Harris poll reveals that 69% of Americans believe Donald Trump’s proposed tariffs would increase consumer costs, with many planning purchases ahead of his inauguration to avoid price hikes.
Trump has championed tariffs as a key policy to boost domestic manufacturing, but economists and corporate leaders warn costs will be passed to consumers, potentially adding $2,600 annually to household expenses.
While Republicans are more supportive of tariffs, only 51% think they will benefit the economy.
The poll highlights widespread concern over tariffs’ economic impact, especially amid lingering inflation and financial uncertainty.
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It amazes me that Republicans can be supportive of what is a blatant tax grab by the federal government. Trump is basically saying "I'm going to add a federal sales tax on top of the majority of everything you buy to the tune of 25% or more. With China, a lot of that is manufactured consumer goods. But with Canada and Mexico, we're talking food products, automobiles, natural resources needed by American industries, etc.
Somehow he'll still have a deficit.
The plan is to have a disturbing deficit, and interest payments are getting really big now.
This is like climate change, it's not apparently hurting anyone tomorrow so... no one cares anymore.
Pro Tip: If you have any large purchases to make in your life, now is the time.
Also, probably buy a gun because there's about to be a lot more desperate people out there.
I would guess your amazement is because GOP are understood to be in favor of small government, when actually they are favor of doing w/e the fuck they feel like to enrich themselves because their voter base is so fucking stupid they would vote for a rock if you said it would be thrown through a liberals window once elected.