BusinessPhoto: HT WorldWinners and Losers of Trumponomics Revealed
Before the 2024 election, Donald Trump promised a golden economic age with better jobs, higher paychecks, and revived industry through tariffs, tax cuts, and deportations. While the US economy is growing at about 3% annually, many working-class Americans have lost out. Tariffs raised consumer goods costs by 2%, costing households $1,100 yearly. Rising oil prices from the Iran conflict add another $1,000 expense per household, benefiting richer Americans more than the middle class.
HT World·


