Trump's New Tariffs: Costs and Controversies
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
President Trumps administration is scrambling to replace lost tariff revenue following the Supreme Courts ruling on his import taxes. Theyve announced new tariffs under the 1974 Trade Act and launched a broad investigation into overproduction by trading partners. However, a study warns these measures could cost the average American household over $2,500 by 2026. Despite criticism, the White House maintains tariffs will improve trade deals and bring investments home.
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