CNBCのインスタグラム(cnbc) - 3月27日 23時26分
The Trump administration's trade policies and tariffs reduced U.S. income by $1.4 billion per month by the end of November, according to a new study.
Economists estimated total losses from January through November were $6.9 billion.
The study, conducted by the Federal Reserve Bank of New York, Princeton and Columbia universities, also found a substantial increase in the price of goods. Americans lacked import variety and suffered disruptions to supply chains.
The ability to purchase more unique goods — like French wine and Colombian coffee — could be lost if trade barriers are high.
Have you felt the impact of tariffs on your own shopping? Visit the link in bio to learn more.
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#trade #tariffs #tradewar #presidenttrump #trump #trumptrade #economics #nyfed #princeton #columbia #business #businessnews #cnbc
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