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Demian Bio

Analysis Reveals Which Americans Trump's 'Liberation Day' Tariff's Will Hit The Hardest

Donald Trump Liberation Day Alyssa Farah Griffin Howard Lutnick Tim Sheehy CNN
President Donald Trump (Credit: Photo by Win McNamee/Getty Images)

A new analysis is showing that lower-income Americans will be affected the most by the wide-ranging tariffs set to be announced by President Donald Trump on Wednesday.

Concretely, the analysis by the Yale Budget Lab concluded that the lowest income households could see their disposable income drop by 5.5% if other countries retaliate with 20% tariffs.

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