The Real Life Costs of the US-China Trade War

Tariffs are taxes on imported goods and President Trump imposed them with the goal of protecting the jobs of blue-collar American workers. But studies show they had the opposite effect — hurting people in rural areas by pushing them to buy more expensive US goods: Tariffs are added tax on imported goods. The idea is that consumers will start to see rising prices on these … Continue reading The Real Life Costs of the US-China Trade War