How Trump's Tariffs Will Likely Affect Your Wallet
David Reavill

How Trump’s Tariffs Will Likely Affect Your Wallet

2025-02-18

At the height of last year's Presidential Campaign, then-Senate Majority Leader Chuck Schumer wrote to the Congressional Budget Office (CBO) asking them to estimate the effects of the Trump Tariffs. At the time, Candidate Trump promised to impose tariffs on many of our nation's most significant trading partners, especially China.

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