Trump’s $2 Trillion Tariff Gambit: What It Means for YOU

"The Practical effect of this would be to strengthen the US dollar substantially adding the inflation abroad in turn this would make the rest of the world want to move away from the US Le World Order and the US dollar a process that's already underway through initiatives like the bricks if you think about it this would probably be the most significant impact of Trump's tariffs"

"It's thus likely that want money printing will continue exerting downward pressure on the dollar however the proposed tariff regime should counter this though to what extent it's hard to say"

"Trump's proposed tariffs would cost the media and household more than $2,600 per year which would represent an after tax income fall of about 4.1% for the lowest earning quinti though this would be a 6.3% fall in after tax income meanwhile the top 1% would experience net gains in income because their losses from tariffs would be more than offset by Trump's proposed tax cuts"

"Research published by the Peterson Institute of international economics shows that Revenue tops out at around 50% go higher than this and revenue starts falling at this optimal rate of 50% tariffs on everything that the US Imports Revenue Peaks at $780 billion Which is less than 40% of what income taxes bring in"

"The lowest earning quintile would see their after tax income Fall by 8.5% everyone would see their after tax incomes fall except for the highest earning quintile for whom this combination of tax cuts and tariff increases result in a net gain of 2.2% and for the top 1% after tax income would increase by 11.6%"