Summary

Fox News host Julie Banderas warned that President-elect Donald Trump’s proposed tariffs—25% on products from Mexico and Canada and 10% on those from China—could significantly raise costs for Americans, as many businesses rely on foreign goods.

While some companies are shifting to U.S.-based suppliers or stockpiling goods ahead of the tariffs, Banderas noted that buying American often results in higher prices.

She highlighted that the financial burden would likely fall on consumers, questioning, “Who’s going to pay for that? We are.”

Economists have also warned of inflation risks.

    • mkhopper@lemmy.world
      link
      fedilink
      arrow-up
      3
      arrow-down
      32
      ·
      edit-2
      28 days ago

      But they won’t.
      The “solution” will be just popping out a few more welfare babies. Thus continuing the downward spiral even faster.

      • MutilationWave@lemmy.world
        link
        fedilink
        arrow-up
        11
        ·
        28 days ago

        You don’t think social safety nets are first on the chopping block for these assholes? You think welfare queens are gonna be alright? They never existed.

          • MutilationWave@lemmy.world
            link
            fedilink
            arrow-up
            13
            ·
            28 days ago

            The red states ARE welfare queens. But of course I meant the Reagan welfare queen bullshit that has gone on and on despite having no basis in facts whatsoever. No individual is getting rich from welfare, no matter how many kids they have.