President Donald Trump is meaningless.Editing Day“The definitions reach the largest tax increase in the Americans since 1982, and the cost of every American family will end in thousands of dollars in an attempt to resolve the global trade deficit that experts say they say It isn’t a problem In the first place.
Multiple studies have been released this week that show the expensive Trump tariff for the Americans.
Tax Corporation a report It was found on Thursday that “the tariff will reduce post -tax income by 1.3 % on average and reach the average tax increase of about $ 1300 per American family in 2025.”
The Tax Corporation-which is a non-partisan research center technically, but carries the views of the right of the center-this is the largest tax increase on Americans since 1982, and it will reach the most difficult low-income families, as the tax increase of $ 1300 is a major blow to families that earn less money.
Yale Budget Laboratory analysis On Thursday, it was found that the customs tariff would be more harmful to Americans. This analysis found that the customs tariff will raise prices by 2.9 % on average, which will cost the average family consumer $ 4,700 in 2024 pricing and lead to a loss of 740,000 jobs by the end of 2025.
It will be the largest price increase in clothes, which the budget laboratory report says will increase by 64 %. Food prices will also increase by 2.6 %, as fresh products are expected to cost 5.4 % thanks to the tariffs.
“The definitions are a retrospective tax, especially in the short term,” the budget laboratory wrote.
The definitions are also likely to be destroyed by the residents of the auto, as Axios has been expected to see UNITOD AUTO FORMER Union tests in the share of profits they receive based on the performance of the auto industry by thousands of dollars. Indeed, auto manufacturers Stop production lines and workers’ status Because of the expected slowdown in the purchase of cars due to the Trump tariff.
Related | People are already losing their jobs due to Trump’s tariff
“For some automobile companies, with Stelantis the most at risk at the present time, the effects of a long tariff war can lead to operating losses that cause zero batches,” said the Michigan Economic Group, based in the Michigan Economic Group.
The data shows that the Americans truly anxiety.
Consumer feelings 11 % decreased in AprilAccording to the University of Michigan, which follows this scale for decades. The feelings of the consumer are now in the second happiest level since the University of Michigan began tracking the scale in 1952-and to less than it was during the great recession period in 2008, According to To cnn.
With such news, no wonder The stock market declinesWith Dow Jones Industrial Average Low more than 5 % During the past month.
But the dear leader is not firmly. In fact, social on Friday, assured the country that everything will plan.
“We are really good in our customs tariff policy. Very exciting for America, and the world !!! It is moving quickly.” booksHis signature with his first letters.
Apparently, Trump’s plan was highly inflation, Send the country to stagnationHundreds of thousands of people have lost their jobs.