Reported about 1 month ago
In a recent discussion, economists explored the potential effects of President-elect Donald Trump's proposed tariffs on American consumers. The conversation highlighted that the scope of these tariffs—targeting countries like Europe, China, and Mexico—will play a significant role in determining their inflationary impact. With various opinions on whether tariffs will lead to price hikes for everyday goods, experts agree that the breadth and aggressiveness of these tariffs will ultimately dictate the financial consequences for the average American.
Source: YAHOO