What does that mean for me? For Americans, Trump's tariffs are essentially a significant backdoor tax increase. The government is collecting revenue from the tariffs, but companies are passing those costs on to consumers. Some prices have already been creeping up in response to Trump's earlier tariffs, and that will only continue now that broader tariffs are in place.…
https://www.vox.com/the-logoff-newsletter-trump/448947/trumps-tariffs-tax-economy-prices-inflation
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