Summary
A Harris poll reveals that 69% of Americans believe Donald Trump’s proposed tariffs would increase consumer costs, with many planning purchases ahead of his inauguration to avoid price hikes.
Trump has championed tariffs as a key policy to boost domestic manufacturing, but economists and corporate leaders warn costs will be passed to consumers, potentially adding $2,600 annually to household expenses.
While Republicans are more supportive of tariffs, only 51% think they will benefit the economy.
The poll highlights widespread concern over tariffs’ economic impact, especially amid lingering inflation and financial uncertainty.
What’s the difference?
Somebody has to pay the tax to get the items off the boat. Spoiler alert, everyone will pass the cost on to the final consumer.