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Trump tariffs will cost U.S. households $830 a year, study says (www.axios.com)

submitted 4 days ago by melp@beehaw.org to c/usnews@beehaw.org

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Something something cost of eggs.

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[–] ramble81@lemm.ee 26 points 4 days ago

So the thing about tariffs is the government gets the money. $830 x 131 million US households means Trump is extracting $108 billion from people. And what will he do with it? Obviously pass it to his oligarch friends, there’s a reason Musk is trying to take the treasury.