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.

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[–] 62 points 2 years ago (1 child)

GM's stock price is down 8% today.

I would like to take this opportunity to congratulate automotive union workers who voted for Trump.

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  • [–] 19 points 2 years ago (2 children)

    It’s not like the actual workers see any of the money when the stock price goes up…

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  • [–] 31 points 2 years ago (1 child)

    Yeah, but they are the ones let go when the stock tumbles.

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  • [–] 15 points 2 years ago (2 children)

    Sounds like a pretty dumb system if the people who actually make the product are only exposed to downside but don’t benefit from the upside. We should probably tear that whole system down.

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