Illustration: Carolina Moscoso
Inflation & Prices
Trump Risks American Consumer Backlash Over Tariffs, Poll Shows
A majority of respondents in a Harris Poll say the president’s tariff plans will increase the cost of everyday goods.
President Donald Trump’s plan to impose new tariffs on imports to force manufacturers to relocate production to the US is getting a skeptical reaction from one important audience: American consumers.
Almost 60% of US adults expect Trump’s tariffs will lead to higher prices, according to a Harris Poll conducted for Bloomberg News. Some 44% say the levies are likely to be bad for the US economy — compared to 31% who say they’d be a boost.