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.
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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.
Canadian economist David Gray warns that US tariffs could lead Canada into recession, causing economic chaos in the US as well.