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Americans dislike tariffs in recent years, Phil Magness notes

Americans dislike tariffs in recent years, Phil Magness notes
Americans dislike tariffs over two years

Phil Magness said that Americans hate tariffs, describing this as the economic legacy of the last two years and referencing a chart to illustrate the point.

Magness has previously argued that tariffs are designed to raise prices and shift consumer surplus to protected industries. In 2019, he noted reports that U.S. billionaires paid a lower average tax rate than poor Americans, according to claims made by Gabriel Zucman to the New York Times. These topics have been central to his recent commentary on economic policy outcomes.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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