Summary
Donald Trump is poised to impose massive import tariffs on goods from Canada, Mexico, and China, effectively raising taxes on U.S. households by an estimated $3,000 annually.
Unlike past tax increases that targeted the wealthy, these tariffs disproportionately impact low- and middle-income workers.
While Trump claims the measures address immigration and fentanyl concerns, experts argue they serve as a revenue source to offset tax cuts for the rich.
Critics contend that Trump’s tariffs lack a clear industrial strategy and primarily burden American consumers.
“People keep acting like a trump win will be the end of democracy, but thats just hyperbole. He wont end democracy.”
-bad faith trolls
No he will not end democracy as such, it’s in USA he will end it.
That’s what I said to myself when he won to calm myself down.