US EditionAmid tariff uncertainty, some in Pittsburgh celebrate a new day; others worry about prices
- The administration claims that the "Liberation Day" tariffs will generate $6 trillion in federal revenue over ten years, alongside $1 trillion from automobile tariffs.
- American consumers will bear the cost of these tariffs through higher prices, as tariffs were paid mostly by consumers, not producers.
- The tariff strategy has led to uncertainty and adverse effects on American farmers, who seek fair access to trade markets rather than handouts, as noted by a member quoted in The New York Times.
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'Liberation Day' or a price to pay?
For many Americans, "Liberation Day" hailed by Trump administration will mean shrinking paychecks and rising costs. Tariffs hit, wallets quit: low-income families take the hardest blow. As the market holds its breath, the toll is already undeniable.
·Beijing, China
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Total News Sources4
Leaning Left1Leaning Right2Center1Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 25%
C 25%
R 50%
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