Donald Trump, upon securing another presidential term, promised reduced inflation and higher incomes for the working class. However, after imposing tariffs on countries like Canada, Mexico, and China, Trump admitted that inflation might rise temporarily in America. This revelation has left Americans, including his voters, feeling let down.
American retailers purchase goods from neighboring Canada and Mexico, reselling them domestically. Trump's 25% tariff on imports from these countries means retailers must increase prices, as buying goods from these countries has become costly.
Target Corporation, a major American retailer, relies on Mexico for winter produce. CEO Brian Cornell noted they will need to raise fruit and vegetable prices this week.
He stated, 'We're striving to minimize price hikes, but inevitably, customers will encounter increased prices in the coming days. With a 25% tariff, prices are bound to soar.'
Trump imposed a 25% tariff on Canada and Mexico, alongside a 10% tariff on China. His rationale is encouraging foreign companies to manufacture products in America to avoid tariffs, strengthening the economy and creating jobs.
Despite this, average Americans are upset as these tariffs promise increased inflation. Social media serves as a platform for Americans to vent their frustrations towards Trump's tariff strategies.
A user on X under the handle @KeefeyBeats posted, 'Those I know who voted for Trump are now facing expensive daily essentials. The tariffs could add up to $2,000 annually to household expenses. It's baffling how anyone continues to support Trump.'
American Harry Enten shared a CNN clip stating, 'Americans are not fond of tariffs. Only 1-2% believe in Trump's tariffs. People here Google the word
