As President Trump's tariffs grow, so do their burden on American families. Over the past few weeks, Trump has slapped tariff after tariff on international goods, particularly those from China. But they hurt more than just U.S. foreign relations. Trump's $80 billion in tariffs on washing machines, steel, and other Chinese products will cost the average American household $60 per year, analysis from The New York Times shows. That's only one-tenth of 1 percent of a typical household's annual income, per the Times, which used economists' analysis to generate its predictions.
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The Week - Business, The Week: Business
Thu, 07/12/2018 - 6:59am
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