Apr 04, 2025 at 12:54
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Trump’s tariffs and trade war will backfire
According to a new CBS/Yougov poll, only 30% of U.S. Americans consider tariffs a priority, but 82% care about the economy, 80% about inflation. Tariffs are a tax on imported goods and services and, therefore, will fuel inflation. Regarding tariffs, Donald Trump has been consistent since the 1980s. His role model is president William McKinley (1897-1901), who not only raised tariffs,...
