Tariffs – The American people are watching

After two years of campaigning on the promise of lower gas prices, eggs, groceries  and revitalized manufacturing sector, and reduced migration, President Donald Trump is implementing a tariff policy that could potentially undermine all of these goals. The dreaded Trump Tariffs are back, and American voters are not pleased.

With inflation on the rise, the American people are growing increasingly wary of President Trump’s beloved economic policy. Threatening to impose tariffs on all imports from Mexico and Canada, Trump risks inciting a backlash from consumers. 

A recent Harris poll conducted for Bloomberg revealed that 60 percent of respondents believe these tariffs will only lead to higher prices on everyday goods.

Despite Trump’s assurances of lower prices, the reality is quite the opposite. Even a modest 10% tariff on Canadian oil and gas could result in a 20 cent increase per gallon of gas, hitting the Midwest and Rocky Mountain states particularly hard. The American people will undoubtedly bear the brunt of these new tariffs, as numerous studies have shown.

The New York Federal Reserve estimates that tariffs on Chinese imports have already cost the average American household $830 per year. With more tariffs on the horizon, this financial burden is only set to increase. President Trump now faces a critical decision – will he continue down the path of failed tariffs, or will he prioritize his promises of lower prices, increased manufacturing, and reduced immigration?

The stakes are high, and the American people are watching. President Trump must choose wisely, as the consequences of his decision will impact the nation for years to come.