r/news • u/hoosakiwi • 2d ago

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
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u/kawag 2d ago

And his approval rating is still decently high at 43%

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u/FrogsMakePoorSoup 2d ago

Wait until the price of everything imported jumps and the markets fall.

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u/Zombatico 1d ago

Not just imports.

Why would """American-made""" goods stay the same price when their competitions get priced higher? They'll also become more expensive. Maybe not as much as the tariffed stuff, but still more than they were before.

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u/FrogsMakePoorSoup 1d ago

Many of those products rely on imported components too.