Even before President Donald Trump announced 25% tariffs on nearly all goods from Mexico and Canada, a majority of Americans said prices would go up for U.S. consumers as a result, according to an Elon University Poll.
In a national poll of 1,101 people conducted from Feb. 6-11, 81% of respondents said tariffs would lead to increased prices, with 45% expecting significant increases. Half the respondents said tariffs would hurt small businesses.
About two-thirds of respondents said U.S. producers will suffer because of higher costs to import parts and materials.
In addition to the tariffs on Mexico and Canada. Trump added a 10% tariff on imports from China on Tuesday, on top of the 10% tariffs announced in February.
In response, Canadian Prime Minister Justin Trudeau announced $100 billion in tariffs on American goods, the Associated Press reported. China said it would add tariffs of up to 15% on US agricultural products, NBC News reported. Mexican President Claudia Sheinbaum left open the possibility of retaliatory tariffs.
On Wednesday, Trump would put a one-month pause tariffs on cars from Canada and Mexico.
Elon University Poll results showed distinct partisan differences among respondents. While 66% of Democrats said tariffs would significantly increase prices, only 19% of Republicans said the same. Fifty-four percent of independents said prices would go up significantly.
While 76% of Republicans said tariffs would lead to more jobs in the United States, only 22% of Democrats said that was likely or very likely to happen.
The poll had a margin of error of 3.51 percentage points.
Hence then, the article about consumers anticipate tariffs will lead to higher prices poll says was published today ( ) and is available on NC news line ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Consumers anticipate tariffs will lead to higher prices, poll says )
Also on site :
- Trump’s Christmas Eve calls with children asking about Santa’s whereabouts are steeped in partisan politics
- Ukraine-Russia war latest: Zelensky awaits Putin response to new peace plan while Christmas Eve blast kills 3 in Moscow
- JCPenney Has a 'Stunning' White Sapphire Jewelry Set on Sale for Just $16, and It's Perfect for Every Occasion