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Trump’s tariff threats, in five charts. Jasmine Cui. January 25, 2025 at 8:00 AM. ... One economic study concluded that the costs of Trump’s 2018 trade war were ...
On the campaign trail, Vice President Kamala Harris referred to her then-opponent’s tariff policy as a “Trump Tax.” Several independent studies have found that if Trump implements an across ...
Harris has criticized Trump’s tariff plans, calling them a “sales tax on the American people” in an interview with MSNBC, and claiming they would increase household costs by $4,000 a year.
Harris has also been critical of Trump's plans for new tariffs, likening them to a national sales tax that she said would add over $3,900 to a typical family budget, as companies that pay the ...
Vice President Kamala Harris called former President Donald Trump's tariff proposals "a sales tax on the American people," in an interview with MSNBC’s Stephanie Ruhle.
Both Canada and Mexico have said that Trump's tariffs would violate the United States–Mexico–Canada free trade agreement ratified by the three countries in 2020 under Trump's first presidency. Economists have said that the tariffs would likely disrupt trade between the three countries significantly, upend supply chains across North America ...
The US trade deficit widened to a record $945 billion in 2022, narrowed to $785 billion in 2023, but was expected to widen again in 2024 in part due to economic expansion and consumer demand, an ...
In his study, Klement found the extreme version of Trump’s tariff proposal, a 20% blanket tariff on foreign imports, plus a subsequent trade war, would reduce U.S. GDP by roughly 0.3% in the ...