Trump's Proposed 10% Tariff on Imports Sparks Widespread Criticism

Economists warn the tariff could cost American families $1,500 annually and hurt the U.S. economy.

Donald Trump's plan to impose a 10% tariff on all U.S. imports has been met with strong opposition from economists and analysts.
The Center for American Progress Action Fund estimates the tariff would cost the average American household $1,500 annually.
Critics argue the tariff would increase prices for consumers, reduce employment in manufacturing, and fail to significantly boost U.S. manufacturing and jobs.
Some argue tariffs have historically not led to significant price hikes for consumers, suggesting businesses might absorb the costs.
The tariff is seen as targeting friendly trading partners more than China, contradicting Trump's stated goals.