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U.S. consumers paying price for tariffs


 

 

Donald Trump’s decision to escalate the trade war with China is counter-productive, harmful to American consumers, and could even derail the stock market, argues Young Voices contributor Charlie Gers in his recent op-ed in The OC Register.

 

 

  • Gers notes the results of a recent report from a raft of economists warning that the tariffs are costing U.S. companies and consumers $3 billion a month along with $1.4 billion of deadweight losses.

 

 

  • Great pull quote: “In reality, fighting a trade war with China isn’t promoting American values — it’s just harming local producers, families, and vendors that seek to get more value for their hard-worked money.”