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.

  • ayyy@sh.itjust.works
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    16 days ago

    Sounds like a pretty dumb system if the people who actually make the product are only exposed to downside but don’t benefit from the upside. We should probably tear that whole system down.

    • berdoo@lemmy.world
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      16 days ago

      They get profit sharing checks. Those profit checks go down when the company is less profitable. Those profit checks go to $0 and their paychecks go to $0 when the company is losing money and has to let people go.