Increased Tariffs Between the U.S. and China: Is It Bad or Good for the U.S.? The survey shows the huge gap between Republicans and Democrats. Picture source: The New York Times Company
China is Raising Tariffs Only on the U.S. Actually, China is lowering tariffs on other countries. Picture source: Peterson Institute for International Economics
Average Consumer Price Increase After US Import Tariffs by 25% This chart shows the average consumer price increase in percentage points for US consumers/firms after an increase in US import tariffs by 25 percentage points. Trade war costs to consumers and companies. Tariffs are a hidden tax on American consumers and US firms. Picture source:…
Higher Tariffs on U.S.-China Trade Could Hurt World GDP This chart shows the impact and uncertainty by 2021-2022 from maintaining 25% tariffs and more. Picture source: Bloomberg
Tariffs Are a Hidden Tax on American Consumers and Companies Tariff man is back! Keep in mind that trade war costs to consumers and companies. Tariffs are a hidden tax on American consumers and US firms. Trump’s trade war hurts the U.S. economy and stocks.
