Summary
A Harris poll reveals that 69% of Americans believe Donald Trump’s proposed tariffs would increase consumer costs, with many planning purchases ahead of his inauguration to avoid price hikes.
Trump has championed tariffs as a key policy to boost domestic manufacturing, but economists and corporate leaders warn costs will be passed to consumers, potentially adding $2,600 annually to household expenses.
While Republicans are more supportive of tariffs, only 51% think they will benefit the economy.
The poll highlights widespread concern over tariffs’ economic impact, especially amid lingering inflation and financial uncertainty.
Headline should read “One third of Americans have no idea how a tariff works”
Well, the other 31% will learn it the hard way.
So 1/3rd of Americans don’t understand how economies work or what a tariff is.
US has lead pipes, piss poor education standards with not enough funding, environmental pollution, bought out media that perpetuates toxic culture
Gotta be the same 30-40% that vote trump no matter what he does.
And 20% do, but voted for him anyway…
But you see, the leopards won’t eat their faces!
And the other .001% is former president McKinley who Trump assumes is still alive.
GM’s stock price is down 8% today.
I would like to take this opportunity to congratulate automotive union workers who voted for Trump.
It’s not like the actual workers see any of the money when the stock price goes up…
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Maybe they should have bothered to vote? Crazy idea, I know.
No, blah blah blah, not prefect candidate, blah blah.
Can’t blame them for being lazy shitheads. Of course it’s someone else’s fault.
This may seem odd, but remember: greater than 2/3 of eligible voters did not vote for Trump.
True… but the non voters are dumber than Trump voters. At least the Trump voters understand that voting matters.
Representation also matters, and it’s understandable why someone might not want to vote for a candidate that they don’t feel represents them.
Edit: be sure to downvote this comment if you think large portions of people don’t deserve representation.
So where were you on Nov 5th?
Russia, lol. I’m not representing anything there tho.
Way to shoot ourselves in the dick.
Not just yourselves… it will probably send Canada and Mexico into a recession as well.
How would that happen? Aren’t most things sold in Canada NOT from US and probably from China?
Idk about food tho
The Canadian economy is tied at the hip to the US. A lot of our agri is US produced and while most consumer end products are Chinese a lot of Canadian manufacturing uses US intermediary products. Our resource export market is also US focused right now especially for hard wood, dairy, maple syrup, and oil/natural gas.
I don’t think we actually have the facilities to handle Alberta’s production through the Atlantic provinces or BC.
Right so some industries that sell to the US would see slowdowns but the things we buy from US won’t be affected by tariffs unless Canada retaliates. Right?
My question was more about our cost of goods, our economy overall is not doing well and tariffs are not the only reason.
Imo this has been brewing ever since our country somehow decided house price growth means economic growth.
The other 3rd are just that braindead
but they are more likely to vote than the other two thirds.
They are more likely to vote for the wrong team
Maybe they should have voted appropriately on Nov 5.
New cars coming from Canada or Mexico? 25% more expensive. American cars
madefinal assembly in USA with tons of parts from Mexico/Canada will be $$ too. And about every piece of electronics 10% more expensive too.Does Trump know that drugs like fentanyl is being made in USA? Does he thin
gk drug manufacturer/dealer all come from mexico/canada/china?Does he thin[k] drug manufacturer/dealer all come from mexico/canada/china?
Yes. That’s the racism.
While I don’t quite believe this connection, I want to point out that legacy car manufacturers heavily depend on imports, especially from Canada and Mexico …… but Tesla does not
The other third are household pets.
I love how people are debating this as if it’s not a well understood concept. Can’t wait till we get headlines like “1/4 of people belive a bullet to the head might possibly be fatal in some cases”.
A Harris poll reveals that 69% of Americans believe Donald Trump’s proposed tariffs would increase consumer costs, with many planning purchases ahead of his inauguration to avoid price hikes.
Galaxy brain economics.
I mean when they drew it up they showed commuter costs were up hundreds of dollars a piece. If he does what he says he was planning to do every company’s IT budget is shot. If people thought they had old computers before, no chance they are getting upgraded if that happens. Instead of saying new laptops every 3-4 years and desktops 5 years they’ll likely just switch back to desktops and say every 6 years, cutting out paying for docks/port replicators, and having more reasonsl to force users into office to get people to quit and cut payroll costs as well. Bottom line still goes up, CEO and stocks go up, quality of product/service… Goes down
Note obviously that cuts into the network infrastructure and all software licensing as well. You have to renew licenses, maybe can cut some cost if you cut staff, but it means forcing more users to cheaper software, and likely holding off all wireless access points upgrades/installs, new fiber runs etc
Lol.
We’re such an unforgivably stupid society.
It doesn’t matter what politicians we choose. It doesn’t matter if the “pendulum swings back”. We’re stupid. Wherever the pendulum is, we’re still stupid. So we’re still going to trend downward, because that’s the only direction a stupid society can go.
