In a WalletHub Fed Rate survey, 74 percent of Americans said Trump's proposed tariffs would likely lead to more inflation down the line.

Summary

A new WalletHub poll reveals that 74% of Americans believe Donald Trump’s proposed tariffs will worsen inflation, which remains a major concern for most households.

Trump’s plan includes significant tariffs—up to 60% on Chinese goods and 20% on other imports—to protect American jobs and address issues like fentanyl production and border security.

Experts warn these tariffs could increase consumer prices, with middle-income families potentially losing $2,500 annually.

Analysts caution Trump’s plans may face political hurdles in Congress despite his economic-focused campaign promises.

  • P1nkman@lemmy.world
    2·
    9 hours ago

    Very true! Forgot about them (and I have a Tesla 🤣🤣🤣 obligatory fuck musk). I think my mind was on ICE cars only.

    • bitchkat@lemmy.worldEnglish
      2·
      9 hours ago

      Right there with you. Mine is 5 years old with about 110k miles. Hopefully in 5 years there will be a compelling car that I like. But it could be an RV. I know a guy that electrifies RAM vans with Tesla battery, drive train, computer etc. No supercharging but can DCFC at EA, etc.