The tariffs are just so stupid.

The Impact of Tariffs on Consumers

Tariffs are effectively a tax on consumers that lead to higher prices for a wide range of goods, impacting everyday spending. Essential items like diapers, paper towels, and even electronics are subject to increased costs due to these tariffs, which runs counter to the promise of lowering prices that was advocated in the past. Recent changes saw temporary exemptions for some items like iPhones, but plans quickly shifted, illustrating the unpredictability and confusion surrounding these trade policies. As a result, the average household is expected to face significant financial consequences, with costs potentially reaching thousands of dollars, thereby harming low-income families disproportionately.