Trump's Proposed Tariffs and the Potential Impact on the US Economy
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#119c5168 ver:0.24

Former President Trump's proposed tariffs, if implemented, could drive up prices, cause a recession, and cost American households up to $2,350 annually. Tariffs on Chinese goods have already led to higher prices for consumers, particularly in the footwear and apparel industry. While some argue that tariffs are necessary to address China's unfair trade practices, others believe they hurt American consumers and workers. The Biden administration has kept some tariffs in place to protect US supply chains, but critics say it missed an opportunity to set a new policy direction. Tariffs are ultimately a tax on Americans, passing on the increased costs to consumers and producers. #Tariffs #USChinaTrade #EconomicImpact...

#newstr #Tariffs #TradeWar #ConsumerPrices #UsEconomy 

 https://here.news/story/119c5168?ver=0.24