Part 3/10:
While tariffs are a contentious topic among economists, they represent a significant facet of Trump's economic vision. The claim made by Trump during his campaign—that these tariffs would not impose costs on American consumers—has been vigorously debated. Critics argue that tariffs are redistributive, benefiting domestic producers while harming consumers through inflated prices. Proponents, however, assert that these tariffs could be key to preserving American jobs and stimulating domestic economic growth.