SURVEY: Tariffs -- Good or Bad?

[Credo]

It would seem to be that the tariffs are going counter to what he wants with the tax break that was supposed to help the working people:

 

Inflation hits 6-year high, wiping out wage gains for the average American

Prices rose at their highest clip since 2012 over the past year, the Labor Department reported Thursday.

The 2.9 percent inflation for the 12-month period ending in June is a sign of a growing economy, but it's also a painful development for workers, whose tepid wage gains have failed to keep pace with the rising prices.

The cost of food, shelter and gas have all risen significantly in the past year. Gas skyrocketed more than 24 percent, rent for a primary residence jumped 3.6 percent and meals at restaurants and cafeterias rose 2.8 percent.

 

http://www.chicagotribune.com/business/ct-biz-inflation-rates-20180713-story.html

 

[pegman]

A lot of my fellow Canadians are doing their part to hit back at Trump. 

 

https://www.wsj.com/articles/in-canadas-grocery-carts-a-boycott-u-s-a-movement-starts-rolling-1533384001

[Srikcir]

On 8/3/2018 at 12:36 AM, Credo said:

It would seem to be that the tariffs are going counter to what he wants with the tax break that was supposed to help the working people:

 

Inflation hits 6-year high, wiping out wage gains for the average American

Prices rose at their highest clip since 2012 over the past year, the Labor Department reported Thursday.

The 2.9 percent inflation for the 12-month period ending in June is a sign of a growing economy, but it's also a painful development for workers, whose tepid wage gains have failed to keep pace with the rising prices.

The cost of food, shelter and gas have all risen significantly in the past year. Gas skyrocketed more than 24 percent, rent for a primary residence jumped 3.6 percent and meals at restaurants and cafeterias rose 2.8 percent.

 

http://www.chicagotribune.com/business/ct-biz-inflation-rates-20180713-story.html

 

And in light of this tariff trade war chaos, Trump is going to "double down" with another tax cut - in the Corporate tax rate.

https://www.vox.com/business-and-finance/2018/7/1/17522778/trump-tax-reform-bill-2018-maria-bartiromo