2025.04.09 17:02 GMT+8

Analyst: U.S. consumers to pay the price, as tariffs act as a tax

Updated 2025.04.09 17:02 GMT+8
CGTN

U.S. President Donald Trump claims his tariff policies will protect domestic manufacturers and cut the deficit, but not everyone agrees. Einar Tangen, senior fellow at Taihe Institute, warns that American consumers will end up paying the price, as tariffs effectively act as a tax.

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