U.S. Tariffs on Imports: Who’s Bearing the Cost?
U.S. tariffs on imports from the Chinese mainland are increasing costs for American consumers, with footwear alone costing $9.3 billion in 2023.
ConsumerImpact
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Trump’s Tariff Increases: Rising Inflation and Tax Burden on U.S. Consumers
U.S. President Donald Trump has increased tariffs on steel and aluminum imports to 25%, potentially driving inflation and raising the tax burden on American consumers.