Tariffs Might Cost U.S. Citizens An Extra $500 A Year

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President Donald Trump, having championed one of the larger tax cuts in recent years, has now enacted tariffs equivalent to one of the largest tax increases in decades. As a result the tariff increase might cost the median U.S. household with earnings of $61,000 about $500 to $550 a year. 


 

About the Reporter/Interviewer

Mike Manwell is the founder of RethinkingTheDollar.com, an alternative media news website focused on improving the monetary education for millennials. Mike is committed to helping others understand the importance of precious metals as a hedge against the inflationary threat of fiat currencies.

Mike’s reports and interviews can be seen on the Silver Doctors YouTube Channel. Mike’s Twitter is @Rethinkindollar.