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GOBankingRates
GOBankingRates
Gabrielle Olya

I’m an Economist: 2 Ways Trump’s Tariffs Could Hit Your Finances Hard

Yuri Gripas / Pool via CNP / SplashNews.com

President Donald Trump has implemented a series of tariffs, including reciprocal tariffs on countries worldwide involved in international trade. Dr. Phillip Magness, an economic historian and senior research fellow at the Independent Institute, believes that these tariffs are a “terrible move” for the country.

Consider This: Trump Wants To Replace Income Taxes With Tariffs: 2 Impacts on the Middle Class

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