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Trump tariffs could cost households $830 extra this year, study finds

> President Trump's planned tariffs could effectively tax the average #US household an extra $830 this year, an analysis from the nonpartisan nonprofit Tax Foundation finds
https://www.axios.com/2025/01/31/trump-tariffs-mexico-canada-taxes #DonaldTrump #tariffs #CDNpoli #CANpoli #Canada #Mexico #economy #trade @Downshift
Donald Trump
As with any con against your own populace, #DirtyDonny's tariff wars will not pay off his 2017 debt...but will encourage countries so 'punished' to trade elsewhere. Killing off the populace won't work in his favour. Nor will rounding up tax-paying Dreamers, and sticking them in gulags.🤦‍♀️ @Downshift
Often US manufacturing went off shore because labour in the US was too high and things could get done cheaper elsewhere. Bringing manufacturing back to the US will mean higher prices for goods built in the US. If memory serves, Apple tried it with the iPhone a few years back and the price was double. But, hey... you've got low-skill low-paying jobs back in the US. Instead of educating their workforce …