This is a U.S. news story, published by CNBC, that relates primarily to Trump news.
For more U.S. news, you can click here:
more U.S. newsFor more inflation news, you can click here:
more inflation newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about inflation, you might also like this article about
tariff costs. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest new tariffs news, tariff revenue news, news about inflation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
tariffsCNBC
•
86% Informative
The typical U.S. household would pay roughly $2,600 to $3,000 more per year due to higher prices, economists say.
Nearly half of all voters said they were worse off financially than they were four years ago .
There's still much uncertainty around how and when such tariffs might be implemented.
Trump 's plan would reduce average after-tax incomes by almost 3% , according to tax think tank.
The typical U.S. household would still lose $ 2,600 a year from Trump 's tariff plan, an analysis says.
Tax cuts enacted by Trump in 2017 are due to expire next year , and tariff revenue may potentially be used to extend them, economists say.
Tax Foundation: Tariffs would shrink employment by 684,000 full-time jobs and reduce GDP growth by 0.8% .
VR Score
90
Informative language
90
Neutral language
61
Article tone
formal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
11
Source diversity
10
Affiliate links
no affiliate links