Zum Inhalt der Seite gehen

mastodon

Much has been said about what Trump’s ‘Liberation Day’ tariffs mean for the global liberal order. But what do they mean for everyday American consumers? And what could be its fiscal impact?

Today's Number Theory breaks it down.

Read on HT app: is.gd/NUmU7y

#Tariffs #Tariff #Trade #Trump #DonaldTrump #DataViz #Economy

What Trump’s tariffs mean for US? Byline: Sreedev Krishnakumar The Trump administration’s latest wave of tariffs marks a sharp escalation in U.S. protectionism. Announced on 2 April, the new duties target a wide range of imports and build on years of rising trade barriers. While pitched as a defence of American industry, the immediate fallout will likely be felt by U.S. consumers in the form of higher prices. While increasing imports hurt the US in things such as manufacturing employment, they did usher in an era of cheaper goods. For example, an analysis published in the Wall Street Journal on March 30 said that Chinese imports between 1998 and 2014 in the US brought down inflation for imported goods by 0.6 percentage point lower a year than otherwise. How will the latest tariffs affect the US consumers? Here is what the data shows. (The full text is too long to be posted here. Please click on the link in the post to read it in full from the free HT app)
#trump #donaldtrump #tariffs #trade #economy #dataViz #tariff

Diese Webseite verwendet Cookies. Durch die weitere Benutzung der Webseite stimmst du dieser Verwendung zu. https://inne.city/tos

⇧