this post was submitted on 26 Nov 2024
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Summary

A Harris poll reveals that 69% of Americans believe Donald Trump’s proposed tariffs would increase consumer costs, with many planning purchases ahead of his inauguration to avoid price hikes.

Trump has championed tariffs as a key policy to boost domestic manufacturing, but economists and corporate leaders warn costs will be passed to consumers, potentially adding $2,600 annually to household expenses.

While Republicans are more supportive of tariffs, only 51% think they will benefit the economy.

The poll highlights widespread concern over tariffs’ economic impact, especially amid lingering inflation and financial uncertainty.

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[–] r00ty@kbin.life 10 points 1 month ago

So, at least a 1/3rd of them voted for higher prices? I mean it's fine if that's what they wanted I guess.

[–] Default_Defect@midwest.social 9 points 1 month ago

I upgraded my GPU and bought a bunch of audio stuff that I was gonna wait to pull the trigger on til later. Not taking the chance of not being able to afford it later.

[–] psmgx@lemmy.world 8 points 1 month ago

ITT 1/3 of Americans are fucking morons

[–] DarkFuture@lemmy.world 6 points 1 month ago

Lol.

We're such an unforgivably stupid society.

It doesn't matter what politicians we choose. It doesn't matter if the "pendulum swings back". We're stupid. Wherever the pendulum is, we're still stupid. So we're still going to trend downward, because that's the only direction a stupid society can go.

[–] rustydrd@sh.itjust.works 5 points 1 month ago (1 children)

A Harris poll reveals that 69% of Americans believe Donald Trump’s proposed tariffs would increase consumer costs, with many planning purchases ahead of his inauguration to avoid price hikes.

Galaxy brain economics.

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[–] Bwaz@lemmy.world 4 points 1 month ago

Doesn't need much thought. When has a tariff or import tax ever not resulted in higher prices? How could it NOT??

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