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Would Donald Trumps tariffs hurt US consumers

The non-partisan Peterson Institute for International Economics has estimated Trumps new proposed tariffs would lower the incomes of Americans, with the impact ranging from around 4 for the poorest fifth to around 2 for the wealthiest fifth.

Posted by Hicham ALAOUI RIZQ on 2025, Feb 01

Introduction

The non-partisan Peterson Institute for International Economics has estimated Trumps new proposed tariffs would lower the incomes of Americans, with the impact ranging from around 4 for the poorest fifth to around 2 for the wealthiest fifth.

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