A new poll found more Americans are unhappy with Donald Trump’s stances on the economy and cost of living, with almost twice as many saying the president has helped raise prices rather than lowering them.
In a Yahoo/YouGov poll conducted Nov. 21-24, 49% of respondents said Trump’s actions since taking office for his second term in January have raised prices instead of cutting them. That’s a nearly two-to-one ratio to the 24% who said he’s done more to lower costs.
The survey also found more Americans (38%) blame Trump for inflation than his predecessor, former President Joe Biden (31%), despite the now-president campaigning on the economy during his successful 2024 presidential bid.
They could mix if done in very specific ways, but there’s no way in hell Trump could do that. I’m not even sure anyone could do that anymore.
What specific ways can adding tariffs lower prices? The entire concept involved raising the price of foreign goods so that more expensive local ones can compete. The net result is ALWAYS higher prices on those goods. Often to more than the expensive local one cost to begin with, as they raise their prices just under that of the tariff price
Basically very rarely you will get a situation wherein putting a tariff on specific foodstuffs will lower the price, but you also need to incentives to lower export as well. Like I said I don’t even know if it’s technically possible anymore since the last time I know of it working was back in the 1800s in South America.