69% Say Trump’s Tariffs Will Raise US Consumer Prices

The Guardian reports:

Trump declared on Monday evening that he would impose 25% tariffs on all goods from Canada and Mexico, and an additional 10% on China, if they did not stop what he claimed was illegal immigration and fentanyl smuggling.

But although he has called tariffs the most “beautiful word in the dictionary”, about 69% of Americans think tariffs on imports will lead to higher prices, according to the poll.

The majority of Democrats (79%), independents (68%) and Republicans (59%) all believe that tariffs will increase the prices of the goods they pay for in the US. Nearly the same percentage of respondents said that tariffs will have a significant effect on what they can afford.

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