Post #1193278

The headline should clarify they mean the trade deficit. "[tariffs] can protect domestic industries by making imported goods more expensive, giving local manufacturers a competitive edge. On the other hand, higher tariffs may result in increased costs for consumers, as companies pass on the extra expenses. This can lead to inflation, eroding household purchasing power and raising the cost of living." ap moneywise https://www.yahoo.com/finance/economy/policy/articles/thank-mr-tariff-us-just-105500843.html #USPolitics #Inflation #Affordabiity