#Trump’s #tariffs – and retaliatory tariffs being imposed on American exports by #US trading partners – will be paid by #America's #workingclass and #poor.
The people who will benefit most from another giant Trump #taxcut are America’s wealthy.
Tariffs are in effect #taxes on imported products. They’re paid by Americans.
Walmart’s CEO said it will raise prices in response to Trump’s tariffs in order to protect its profits.
It will be a giant upward transfer of wealth. https://www.theguardian.com/commentisfree/2025/mar/15/trump-tariffs-robert-reich