Tariffs to put 'America first': Is Trump spelling doom for US? Economics explained
President Donald Trump's "America First" tariff policy has led to record revenue collections, but economic data reveals Americans bear the brunt of the costs. Tariffs are increasingly passed on to consumers and businesses, raising prices and contradicting claims of foreign payment, if rules of economics are studies. This strategy creates a dilemma between political popularity and growing economic burdens on households.
President Donald Trump's "America First" tariff policy has led to record revenue collections, but economic data reveals Americans bear the brunt of the costs. Tariffs are increasingly passed on to consumers and businesses, raising prices and contradicting claims of foreign payment, if rules of economics are studies. This strategy creates a dilemma between political popularity and growing economic burdens on households.
