In a WalletHub Fed Rate survey, 74 percent of Americans said Trump's proposed tariffs would likely lead to more inflation down the line.

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.

  • adarza@lemmy.caEnglish
    91·
    6 days ago

    half of the respondents don’t care, because it hurts minorities and immigrants more.