Trump trade policies will raise the cost of living for Americans

NY Times:

Experts Fear Backlash Over Trump’s China Trade Policies

Donald J. Trump’s proposals to penalize nations like China could deepen economic pains for American workers, economists say.

Sweeping tariffs would face international hurdles and would reverse a mainstay of U.S. policy.
The US consumer would wind up paying for the tariffs lowering the standard of living and especially hitting hard those on fixed incomes.


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