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Trump favors huge new tariffs. How do they work?

PBS
Summary
Nutrition label

70% Informative

Donald Trump has proposed a 60% tariff on goods from China and 20% on everything else the U.S. imports.

Trump says tariffs will create more factory jobs, shrink the federal deficit, lower food prices.

Mainstream economists are generally skeptical of tariffs, considering them inefficient way for governments to raise money.

Economists generally consider tariffs self-defeating.

Tariffs raise costs for companies and consumers that rely on imports.

They're also likely to provoke retaliation.

The European Union , for example, punched back against Trump 's tariffs on steel and aluminum by taxing U.S. products, from bourbon to Harley-Davidson .

VR Score

80

Informative language

83

Neutral language

62

Article tone

semi-formal

Language

English

Language complexity

52

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links