Trump rejigs tariff rates ahead of deadline, levies 40% duties on all transshipped goods
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Trump's tariffs masquerade as economic nationalism while quietly robbing Americans of choice and affordability. They disproportionately punish working families, forcing them to buy inferior products at higher prices while reducing market competition. What appears as strength is actually a hidden transfer of wealth from ordinary consumers to protected industries — economic populism turned inside-out.
There is a 6% chance that the US Congress will pass a bill implementing Trump's tariff policies in 2025, according to the Metaculus prediction community.