Trump Tariffs Will Raise Taxes & Inflation

Trump Tariffs Will Raise Taxes & Inflation 1000 683 Kim Beck

“Watch what they do. Not what they say.” —Rachel Maddow
 

They say tariffs are a ​”tax cut for the American people​,” but ​tariffs will only hurt the majority of working Americans and their families​. E​ven Federal Reserve Chairman Jerome Powell says increasing tariffs will result in higher inflation and slower economic growth​. 

​Schumer: “They put tariffs on penguins but not on Putin! Trump is betraying the middle class.

Sources: PolitifactAxiosNPRSteve RattnerThe Budget Lab