Trump Promised More Tariffs. That Means Everything Will Get More Expensive.

Contributing sentiments towards policy:

70% : "Presuming Trump makes good on those promises, that would mean that a slew of imported items from iPhones to clothing to household appliances including microwaves and other housewares, among many other products, will cost more.
44% : Specifically, Trump said as recently as November 4 that there would be tariffs of at least 25% - which could rise to as high as 100% - on goods made in Mexico.
38% : Trump has argued that the practice will encourage all companies to bring manufacturing back to the United States, and bring in billions of dollars of revenue to reduce the federal deficit.
37% : However, another analysis by the Yale Budget Lab, found that on average, all Americans would feel some sort of impact, given that some domestic firms may even raise prices knowing that their foreign competitors have been forced to increase prices so dramatically.Trump did not mention tariffs in his victory speech in West Palm Beach, Florida early Wednesday morning.

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