Summary
A new YouGov poll reveals widespread disapproval of President Trump’s recent tariff policies, with 51% of Americans viewing them as “the largest peacetime tax hike in U.S. history.”
The survey shows 50% disapprove of Trump’s “Liberation Day” tariffs announced April 2nd, which imposed a baseline 10% levy on all imports with additional tariffs on specific countries.
Trump escalated tensions by threatening China with 50% additional tariffs if they don’t withdraw their retaliatory measures.
Even Ted Cruz expressed concern, calling tariffs “a tax on consumers.”
Lets see this poll in 4-6 weeks, when everything in Walmart, Amazon, Best Buy, etc. has doubled in price. Things may go up even more, because these sociopathic corporations are going to figure that as long as we are jacking up the prices, lets jack them up a little more, and pad the profit. The customers are already going to be feeling pain, what’s a little more?
At the end of the year, my bet is that all those companies will report record annual profits.