Americans rush to buy cars, appliances before Trump's new tariffs
3 days, 18 hours ago

Americans rush to buy cars, appliances before Trump's new tariffs

China Daily  

NEW YORK -- Americans are scrambling to stock up on cars, appliances and other big-ticket imports in anticipation of new tariffs from the Donald Trump administration, a spending spree that could reignite the very inflation buyers are hoping to avoid, reported The Washington Post on Thursday. "President-elect Trump has vowed to enact widespread tariffs as soon as he takes office in January, a move that economists say could lift prices for just about every type of import, including food, cars, computers and gas," noted the report. Trump's planned policies would take aim at America's three largest trading partners, with 60 percent tariffs on all Chinese imports and 25 percent tariffs on goods from Mexico and Canada. "Spending on electronics and appliances also rose last month, which economists attributed to a combination of Hurricane Helene-related repairs and households preparing for new tariffs," said the report.

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History of this topic

'Tariffs all the way!!!' Trump threatens allies in late-night comments
3 days, 6 hours ago

'Tariffs all the way!!!' Trump threatens allies in late-night comments

Raw Story  

Donald Trump threatened to impose tariffs on U.S. allies in an overnight post demanding that the European Union close its trade gap. “I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas," Trump posted on Truth Social shortly after 1 a.m. "Otherwise, it …

Better Sino-US ties best option for Trump
4 days, 18 hours ago

Better Sino-US ties best option for Trump

China Daily  

US president-elect Donald Trump Donald Trump's victory in the US presidential election heralds the start of a new era in the United States. On the trade side, high tariffs are imposed on goods imported from China; on the technological side, there is export control on high-precision semiconductors and other hi-tech products; and on the investment side, US companies are forbidden …

Trump Will Reportedly Block the US Government and Military From Buying EVs
6 days, 3 hours ago

Trump Will Reportedly Block the US Government and Military From Buying EVs

Wired  

The incoming Trump administration has even more plans to delay electric vehicle adoption than previously thought. According to Reuters, which has seen transition team documents, the Trump team wants to abolish EV subsidies, claw back federal funding meant for EV charging infrastructure, block EV battery imports on national security grounds, and prevent the federal government and the US military from …

US families to bear brunt of new tariffs
Trending News
6 days, 18 hours ago

US families to bear brunt of new tariffs

China Daily  

Families in the United States could soon have to pay thousands of dollars more for furniture, clothes, cars, electronics and household items imported from China and other key trading partners if US President-elect Donald Trump follows through with a new round of tariffs, according to economists and trade organizations. Mary Lovely, professor emeritus of economics at the Maxwell School of …

China’s weak consumption drags on economy as Trump tariff threat looms
1 week ago

China’s weak consumption drags on economy as Trump tariff threat looms

CNN  

Beijing Reuters — China’s industrial output growth quickened slightly in November, while retail sales disappointed, keeping alive calls for Beijing to ramp up consumer-focused stimulus as policymakers brace for more US trade tariffs under a second Trump administration. “China’s economic policies have been amazingly consistent in promoting manufacturers over consumers despite clear signs of lasting weakness,” said Dan Wang, a …

The climate cost of Trump’s tariffs
1 week, 4 days ago

The climate cost of Trump’s tariffs

Raw Story  

Shortly after he was elected, Donald Trump announced an economic gambit that was aggressive even by his standards. “The consensus on the first round of Trump tariffs is that generally did not improve American productivity,” said Alex Muresianu, a senior policy analyst at the Tax Foundation, a right-leaning think tank. They didn’t achieve much.” The recently threatened tariffs would ratchet …

US hikes tariffs on imports of Chinese solar wafers, polysilicon and tungsten products
1 week, 4 days ago

US hikes tariffs on imports of Chinese solar wafers, polysilicon and tungsten products

Associated Press  

BANGKOK — The Biden administration plans to raise tariffs on solar wafers, polysilicon and some tungsten products from China to protect U.S. clean energy businesses. The notice from the U.S. Trade Representative’s office said tariffs on Chinese-made solar wafers and polysilicon will rise to 50% and duties on certain tungsten products will increase to 25%, effective on Jan. 1, following …

The possibility of tariffs in Trump's second term is dividing U.S. businesses
1 week, 4 days ago

The possibility of tariffs in Trump's second term is dividing U.S. businesses

NPR  

The possibility of tariffs in Trump's second term is dividing U.S. businesses President-elect Trump has called for sweeping tariffs on all imports. HORSLEY: McClelland is counting on Trump's tariffs to raise the price of those imported aluminum goods and give him and other domestic manufacturers a fighting chance. HORSLEY: Even Mark McClelland, the aluminum manufacturer who's rooting for tariffs, admits …

Here’s what could get significantly more expensive under Trump’s tariff plan
1 week, 4 days ago

Here’s what could get significantly more expensive under Trump’s tariff plan

CNN  

New York CNN — Import taxes are set to spike under the incoming Trump administration, forcing Americans to pay more for everything from foreign-made sneakers and toys to food, according to new research. “President Trump will work quickly to fix and restore an economy that puts American workers first by re-shoring American jobs, lowering inflation, raising real wages, lowering taxes, …

New inflation numbers threaten Trump and GOP's plans for tax cuts and tariffs: report
1 week, 4 days ago

New inflation numbers threaten Trump and GOP's plans for tax cuts and tariffs: report

Raw Story  

New Labor Department data released Wednesday showed stubborn inflation continued, which could make it difficult for President-elect Donald Trump and his GOP allies to pass certain legislation they've planned. While the consumer price index increased 2.7 percent in November from 2023, it was also larger than September's 2.4 percent rise, The Washington Post reported. "While Trump criticized President Joe Biden’s …

Trump’s proposed tariffs on China, Mexico, and Canada could benefit India - Report
1 week, 6 days ago

Trump’s proposed tariffs on China, Mexico, and Canada could benefit India - Report

Live Mint  

New Delhi, December 10 : India has a significant opportunity to capitalize on export prospects resulting from expected trade disruptions by upcoming US President Donald Trump's tariff policies, says a report by Shriram Mutual Fund. The report outlined how Trump's proposed tariffs on top US import partners--China, Mexico, and Canada--could lead to trade diversion, benefiting countries like India. It said, …

Trump is threatening to raise tariffs again. Here’s how China plans to fight back
1 week, 6 days ago

Trump is threatening to raise tariffs again. Here’s how China plans to fight back

LA Times  

President-elect Donald Trump has threatened to impose new tariffs on Chinese imports when he takes office, a move that would deepen a trade war he started six years ago. Trump kicked off a trade war in 2018 by imposing 25% tariffs on imports from China — including industrial machinery, cars, auto parts and television cameras. Last week, the U.S. expanded …

Are fears of higher tariffs leading you to stockpile goods?
1 week, 6 days ago

Are fears of higher tariffs leading you to stockpile goods?

CNN  

New York CNN — From the very moment President-elect Donald Trump takes the oath of office on January 20, he’ll be able to levy tariffs on imports from other nations. On that day, he has already vowed to impose a 25% tariff on Mexican and Canadian imports as well as an additional 10% tariff on Chinese goods. These tariffs have …

Trump tariffs to harm growth: Experts
Trending News
2 weeks ago

Trump tariffs to harm growth: Experts

China Daily  

The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global impact of Trump's return …

Trump tariffs to harm growth: Experts
Top News
2 weeks ago

Trump tariffs to harm growth: Experts

China Daily  

US President-elect Donald Trump The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global …

Trump tariffs to harm growth: Experts
Top News
2 weeks ago

Trump tariffs to harm growth: Experts

China Daily  

US President-elect Donald Trump The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global …

Trump "can't guarantee" his tariffs won't raise prices for American families
Top News
2 weeks ago

Trump "can't guarantee" his tariffs won't raise prices for American families

Salon  

President-elect Donald Trump on Sunday said he “can’t guarantee” that American consumers won’t pay higher prices under his proposed tariff plan in an interview on NBC’s “Meet the Press.” “I can’t guarantee anything. I can’t guarantee tomorrow,” Trump told NBC News host Kristen Welker after she asked him whether he could guarantee American families won’t pay more if he chooses …

Fact-check: Donald Trump’s latest claims on tariffs, murders and more
2 weeks ago

Fact-check: Donald Trump’s latest claims on tariffs, murders and more

Al Jazeera  

In a December 8 interview on NBC’s Meet the Press, United States President-elect Donald Trump elaborated on plans for removing people illegally residing in the country and imposing tariffs on trade partners – and made some false claims to support them. On his plans to carry out mass deportations, Trump said he would start with people convicted of crimes and …

Tariffs bad for business, bad for US firms and consumers, and bad for all trading partners: China Daily editorial
2 weeks ago

Tariffs bad for business, bad for US firms and consumers, and bad for all trading partners: China Daily editorial

China Daily  

This photo taken on Jan 19, 2023 shows the US Capitol building in Washington, DC, the United States. To those worrying about the uncertainties heralded by a new incoming United States administration and the president-elect's unpredictability, there is one thing at least that is predictable: He will continue wielding the baton of tariffs. On the campaign trail, he told US …

Donald Trump 'Can't Guarantee' Tariffs Won't Cost Americans More
2 weeks ago

Donald Trump 'Can't Guarantee' Tariffs Won't Cost Americans More

Huff Post  

LOADING ERROR LOADING Donald Trump says he can’t guarantee his plan to impose sweeping tariffs on America’s top trade partners won’t hurt people’s pocketbooks. I can’t guarantee tomorrow.” But during his first major interview since November’s election, he told host Kristen Welker he still believed imposing tariffs on goods from China, Canada, Mexico and beyond would “cost Americans nothing,” contrary …

What Items Should You Buy Before Trump's Tariffs Kick In?
2 weeks, 4 days ago

What Items Should You Buy Before Trump's Tariffs Kick In?

Huff Post  

Illustration: Damon Dahlen/HuffPost; Photos: Getty Sharp tariff proposals could cause prices of apparel, toys, furniture, household appliances, footwear and travel goods to spike “significantly” next year, according to the National Retail Federation. Bloomberg via Getty Images “There’s still a lot of uncertainty about what goods might face new tariffs, and even when tariffs are implemented, their impact on consumer prices …

If Trump starts a trade war with Mexico and Canada, where will Americans get all their stuff from?
Trending News
2 weeks, 5 days ago

If Trump starts a trade war with Mexico and Canada, where will Americans get all their stuff from?

CNN  

New York CNN — President-elect Donald Trump appears keen on launching a simultaneous trade war with America’s three biggest trade partners: Mexico, China and Canada. In Trump’s ideal world, these higher tariffs would directly boost domestic manufacturing, since US businesses would be able to avoid tariffs entirely. Cars With Mexico the top source of US motor vehicle imports, European nations …

If Trump starts a trade war with Mexico and Canada, where will Americans get all their stuff from?
Trending News
2 weeks, 5 days ago

If Trump starts a trade war with Mexico and Canada, where will Americans get all their stuff from?

CNN  

New York CNN — President-elect Donald Trump appears keen on launching a simultaneous trade war with America’s three biggest trade partners: Mexico, China and Canada. In Trump’s ideal world, these higher tariffs would directly boost domestic manufacturing, since US businesses would be able to avoid tariffs entirely. Cars With Mexico the top source of US motor vehicle imports, European nations …

Opinion: Trump promised to raise taxes, but Biden and Congress could tie his hands
3 weeks ago

Opinion: Trump promised to raise taxes, but Biden and Congress could tie his hands

LA Times  

Coal is loaded onto a barge near the U.S. Steel Corp. facility in Clairton, Pa. During President-elect Donald Trump’s first term, he enacted tariffs on steel from most countries, which he claimed served national security. Although these tariffs would have significant implications for the federal budget and household finances, there is little to stop Trump from unilaterally enacting these taxes …

What to buy now before Trump’s tariffs kick in
3 weeks ago

What to buy now before Trump’s tariffs kick in

CNN  

New York CNN — During this busy holiday shopping season, some bargain hunters may be wondering if this is the ideal time to stock up on items before they could cost a lot more. But a 10% across-the-board import tariff, plus the additional 60% on Chinese goods, could cause the price of a new smartphone to rise by 26% to …

What to buy now before Trump’s tariffs kick in
3 weeks ago

What to buy now before Trump’s tariffs kick in

CNN  

New York CNN — During this busy holiday shopping season, some bargain hunters may be wondering if this is the ideal time to stock up on items before they could cost a lot more. But a 10% across-the-board import tariff, plus the additional 60% on Chinese goods, could cause the price of a new smartphone to rise by 26% to …

Fox News anchor suggests people need to get ‘realistic’ about Trump tariffs: ‘Who’s going to pay for that? We are!’
3 weeks, 3 days ago

Fox News anchor suggests people need to get ‘realistic’ about Trump tariffs: ‘Who’s going to pay for that? We are!’

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Fox News anchor Julie Banderas was “realistic” on Thursday about …

Trump's tariffs could cost American families $2,600 more a year
3 weeks, 3 days ago

Trump's tariffs could cost American families $2,600 more a year

Firstpost  

Even as US President-elect Donald Trump has pitched tariffs as the solution to everything, tariffs are most likely going to raise the cost for average American families and reduce their after-tax incomes, according to economists Republican presidential nominee and former US President Donald Trump speaks at the Bitcoin 2024 event in Nashville, Tennessee, US, July 27, 2024. On the campaign …

King’s gambit: What Trump’s threats of big tariffs on imports from China, Canada and Mexico tell us
3 weeks, 3 days ago

King’s gambit: What Trump’s threats of big tariffs on imports from China, Canada and Mexico tell us

Firstpost  

Trump has little respect for America’s vaunted exceptionalism and does not get the tenets of strategic altruism. Trump’s threat of piling tariff on Canada, Mexico and China – America’s three largest trade partners – and his promise of enacting the executive order on Day 1 of his return to office has sparked a tsunami of reactions. In each case, however, …

Cars to fruit: The goods set to get pricier under Trump’s tariff plans
Trending News
3 weeks, 3 days ago

Cars to fruit: The goods set to get pricier under Trump’s tariff plans

Al Jazeera  

US president-elect’s proposed tariffs on China, Canada and Mexico would raise the prices of numerous products. The three countries are the US’s largest trade partners, accounting for 43 percent of imports last year worth more than $1.3 trillion, according to the US Census Bureau. The US also imported about $537m worth of spirits from Canada last year, including $200m in …

Trump's Tariffs In His First Term Did Little To Alter Economy — But This Time May Be Different
3 weeks, 4 days ago

Trump's Tariffs In His First Term Did Little To Alter Economy — But This Time May Be Different

Huff Post  

LOADING ERROR LOADING WASHINGTON — Donald Trump loved to use tariffs on foreign goods during his first presidency. Republican presidential nominee former President Donald Trump listens during a campaign rally at Santander Arena, Monday, Nov. 4, 2024, in Reading, Pa. via Associated Press Trump also posted on Monday that Chinese imports would face additional tariffs of 10% until Beijing cracks …

Wall Street’s response to more tariffs: Been there, done that
3 weeks, 4 days ago

Wall Street’s response to more tariffs: Been there, done that

Live Mint  

Wall Street isn’t thrilled about the return of Donald Trump’s tariff threats. His newly proposed 25% tariffs on imports from Canada and Mexico—the U.S.’s two largest trading partners—would add 0.8 percentage point to a key inflation gauge next year if just half of the costs are passed on to consumers, according to a Deutsche Bank analysis. The two countries, along …

5 things to consider buying before new tariffs take effect
3 weeks, 4 days ago

5 things to consider buying before new tariffs take effect

CNN  

New York CNN — While there’s a lot we don’t know about President-elect Donald Trump’s tariff plans, at least one thing is pretty certain: Tariffs will go up. These are goods that people need, and higher prices are not helpful.” Video game consoles The price of a new gaming console could go up by nearly 40%, just taking into account …

Under tariff threat, US wholesaler warns: ’People will pay’
3 weeks, 4 days ago

Under tariff threat, US wholesaler warns: ’People will pay’

Live Mint  

By Jackie Luna LOS ANGELES, - While most of Los Angeles sleeps, 58-year-old Melquiades Flores starts his day at 1 a.m., supervising the unloading of produce at M&M Tomatoes and Chile Company, the wholesaler he started in 2019. "Produce of Mexico" is stamped on almost all the boxes of tomatoes and chilies that arrive at Flores' downtown warehouse, destined for …

When it comes to trade and tariffs, Trump’s bark may be worse than his bite
3 weeks, 4 days ago

When it comes to trade and tariffs, Trump’s bark may be worse than his bite

The Independent  

According to Donald Trump, “the most beautiful word in the dictionary” is “tariff”. He’s also determined to target the import of Chinese cars from Mexico, threatening “whatever tariffs are required – 100 per cent, 200 per cent, 1,000 per cent”. Previously, as well as attacking Chinese cars from Mexico, Trump has spoken of 60 per cent charges on goods from …

Trump’s tariffs in his first term did little to alter the economy, but this time could be different
Trending News
3 weeks, 4 days ago

Trump’s tariffs in his first term did little to alter the economy, but this time could be different

Associated Press  

WASHINGTON — Donald Trump loved to use tariffs on foreign goods during his first presidency. House Democrats put together legislation to strip a president’s ability to unilaterally apply tariffs this drastic, warning that they would likely lead to higher prices for autos, shoes, housing and groceries. Trump’s first term tariffs had a modest impact on economy Trump imposed tariffs on …

'Significant consequences': Major bank comes out swinging against Trump’s latest plan
Trending News
3 weeks, 5 days ago

'Significant consequences': Major bank comes out swinging against Trump’s latest plan

Raw Story  

Critics of President-elect Donald Trump's proposal for aggressive new tariffs were hoping he would back down from that idea — but he announced this week that he plans to move forward as soon as he is sworn into office — and proposed 25% across-the-board tariffs on all goods imported into the United States from Mexico and Canada. "The 25% levy …

Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan, will American wallets suffer?
3 weeks, 5 days ago

Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan, will American wallets suffer?

Hindustan Times  

Jimmy Kimmel has laid out a potential flaw in president-elect Donald Trump’s plan to impose a 25% tariff on all imports from Canada and Mexico on the day he takes office. Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan However, Kimmel has pointed out that some of Trump's own merchandise was made in these countries. “If you want …

How Trump’s tariffs on Mexico, Canada and China could impact U.S. consumers
3 weeks, 5 days ago

How Trump’s tariffs on Mexico, Canada and China could impact U.S. consumers

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Oil, toys, vegetables and electronics are just some of the …

What Trump’s new tariff threats mean for the US economy
Trending News
3 weeks, 5 days ago

What Trump’s new tariff threats mean for the US economy

Live Mint  

The stiff duties that President-elect Donald Trump threatened against the U.S.’s neighbors and big trading partners, along with the additional tariffs he promised against China, could raise prices for Americans on everything from fresh fruit from Mexico to lumber from Canada and Chinese electronics. Trump’s promise to impose 25% tariffs on Canada and Mexico and an additional 10% on Chinese …

Trump's tariff war could cost Americans more than $3,200 a year, experts claim
3 weeks, 5 days ago

Trump's tariff war could cost Americans more than $3,200 a year, experts claim

Daily Mail  

American consumers would bear the brunt of Donald Trump's proposed tariffs, new analysis showed on Tuesday night as the world braced for a new era of U.S. protectionist policies. Trump proposed tariffs including the threats made to China, Mexico and Canada on Monday could lead to an increase in costs for every consumer annually, analysis found But even before the …

Mexico warns Trump-proposed tariffs to cost 400,000 US jobs
3 weeks, 5 days ago

Mexico warns Trump-proposed tariffs to cost 400,000 US jobs

Al Jazeera  

Mexico emphasises interconnectedness of economic ties with US – and the mutual threat of tariffs. Mexico’s president and economy minister have given the clearest picture yet of how their government will respond to United States President-elect Donald Trump’s proposed tariffs on the country, which their government has warned will cost 400,000 US jobs. “If there are US tariffs, Mexico would …

Searches of ‘who pays for tariffs’ sees massive spike after Trump’s announcement
3 weeks, 5 days ago

Searches of ‘who pays for tariffs’ sees massive spike after Trump’s announcement

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. During his last administration, Trump issued tariffs on steel and aluminum coming from the …

GM and other US automakers would take big hit from Trump tariffs
3 weeks, 5 days ago

GM and other US automakers would take big hit from Trump tariffs

Live Mint  

* Trump's tariffs could raise SUV and pickup truck prices for U.S. consumers * Tariffs seen by some analysts as negotiating tactic linked to immigration and drug issues * Mexican President Sheinbaum warns tariffs could worsen inflation, kill jobs By Cassandra Garrison, David Shepardson, Ben Klayman MEXICO CITY/DETROIT, - U.S. President-elect Donald Trump's plan to slap a 25% tax on …

Trump tariff vow hit
3 weeks, 5 days ago

Trump tariff vow hit

Live Mint  

By Alden Bentley NEW YORK, - A pledge by President-elect Donald Trump to impose tariffs on products from Canada, Mexico and China sent their currencies lower against the dollar on Tuesday, renewing the specter of trade wars and fanning uncertainty in other currency pairs. But, of course, the peso is vulnerable to falling into those multi-year lows against the U.S. …

Trump’s threat to impose tariffs could raise prices for consumers, colliding with promise for relief
3 weeks, 5 days ago

Trump’s threat to impose tariffs could raise prices for consumers, colliding with promise for relief

Associated Press  

DETROIT — If Donald Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation. For instance, the Produce Distributors Association, a Washington trade group, said Tuesday that tariffs will raise prices for fresh …

Trump’s latest tariff plan aims at multiple countries. What does it mean for the US?
3 weeks, 6 days ago

Trump’s latest tariff plan aims at multiple countries. What does it mean for the US?

Associated Press  

WASHINGTON — President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States. “Imposing tariffs on trade flows into the United States without first preparing alternative sources for the goods and services affected will raise the price of imported items at once,” Weinberg and …

'Shouldn't be a surprise': CNN hypes CEO warnings that Trump promise will see prices soar
Trending News
3 weeks, 6 days ago

'Shouldn't be a surprise': CNN hypes CEO warnings that Trump promise will see prices soar

Raw Story  

President-elect Donald Trump on Monday threatened to jack up tariffs on all goods coming in from Canada, Mexico and China immediately upon entering office — and CNN's Kasie Hunt on Tuesday reported that big-name retail chains are already warning of price hikes for customers. "Tariffs are effectively a tax on imported goods and experts warn that they result in higher …

Trump threatens China, Mexico and Canada with new tariffs. But what does this actually mean for American shoppers?
3 weeks, 6 days ago

Trump threatens China, Mexico and Canada with new tariffs. But what does this actually mean for American shoppers?

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Trump is a fan of tariffs, but economists say they …

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