In a WalletHub Fed Rate survey, 74 percent of Americans said Trump's proposed tariffs would likely lead to more inflation down the line.

Summary

A new WalletHub poll reveals that 74% of Americans believe Donald Trump’s proposed tariffs will worsen inflation, which remains a major concern for most households.

Trump’s plan includes significant tariffs—up to 60% on Chinese goods and 20% on other imports—to protect American jobs and address issues like fentanyl production and border security.

Experts warn these tariffs could increase consumer prices, with middle-income families potentially losing $2,500 annually.

Analysts caution Trump’s plans may face political hurdles in Congress despite his economic-focused campaign promises.

  • CurlyWurlies4All@slrpnk.netEnglish
    514·
    6 days ago

    We can all agree that polling is completely meaningless now yeah? It obviously has zero correlation with reality.

    • Tin@lemmy.worldEnglish
      21·
      6 days ago

      It was an election season where the race was polling around 50/50 pretty much throughout. Even when one candidate had a lead, with margins of error, no they didn’t. A ~50% probability of losing is huge, even if many polls did show her slightly ahead. Consider a 20-sided die. 9 sides are red, 11 are blue. You wouldn’t be surprised if you rolled red.

      News media has no idea how to talk about polls because they don’t want to talk about probability, they want to talk about which number is bigger as if it’s a scoreboard. I didn’t want him to win, but the polls weren’t wrong.

      • JackFrostNCola@lemmy.worldEnglish
        2·
        5 days ago

        Even if they didnt show him winning, a poll saying its roughly 50/50 is like saying to someone your going to flip a coin and then them being flabbergasted when it comes out tails, what did you expect, its probability, not the current vote percentage.