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Re: fuagf post# 288036

Wednesday, 11/28/2018 9:46:47 PM

Wednesday, November 28, 2018 9:46:47 PM

Post# of 574741
Tariffs could cost American households $2,400 each in 2019, a new study warns

"Trump’s Potemkin Economy"

* Tariffs stemming from President Trump's trade conflicts could cost Americans $915 each, or $2,400 per household, in the form of higher prices, lower wages and lower investment returns in 2019, according to a new study.

* If the tariffs stay in place, the study says, the losses would add up to $17,300 per household by 2030.

* The study, commissioned by the lobbying shop for Koch Industries and conducted by consulting firm ImpactECON, looked at the potential cumulative impact of tariffs.

* The conservative Koch political network has argued against the Trump administration's protectionist trade policies.

Stephanie Dhue | @StephanieDhue
Published 12:02 AM ET Tue, 27 Nov 2018 Updated 9:14 AM ET Tue, 27 Nov 2018

https://www.cnbc.com/2018/11/26/tariffs-could-cost-american-households-2400-each-in-2019-study.html

See also:

Trump's tarrifs will cost Ford $1 billion.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143824545

Trump has put a gun to China's head and we're [Australians] in the crossfire
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143620527


It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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