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Biggest victims of tariffs won't necessarily be Mexicans or Chinese
date:Jun 06, 2019
Some say the people likely to pay the steepest price for Trump's attempts to bend Mexico and China to his will are poor Americans, who already live close to the financial edge and could have to pay more for everyday purchases.

For many low-income households, tariffs are a tax on their consumption, and by raising the cost of their consumption, they will likely have to cut back, said Jay Shambaugh, a senior fellow at the Brookings Institution.

The president last week announced plans to impose a

12/25 22:28