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Tariffs could cost American households $2,400 each in 2019, a new study warns


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Now notice it was commissioned by Koch Industries......

Tariffs could cost American households $2,400 each in 2019, a new study warns 

• Tariffs stemming from President Trump's trade conflicts could cost Americans $915 each, or $2,400 per household, in the form of higher prices, lower wages and lower investment returns in 2019, according to a new study. 
• If the tariffs stay in place, the study says, the losses would add up to $17,300 per household by 2030. 
• The study, commissioned by the lobbying shop for Koch Industries and conducted by consulting firm ImpactECON, looked at the potential cumulative impact of tariffs. 
• The conservative Koch political network has argued against the Trump administration's protectionist trade policies. 

Stephanie Dhue | @StephanieDhue 
Published 12 Hours Ago Updated 3 Hours Ago 

Tariffs stemming from President Donald Trump's trade conflicts could cost Americans $915 each, or $2,400 per household, in the form of higher prices, lower wages and lower investment returns in 2019, according to a new study. 

If the tariffs stay in place, the study says, the losses would add up to $17,300 per household by 2030. 

The study, commissioned by the lobbying shop for Koch Industries and conducted by consulting firm ImpactECON, looked at the potential cumulative impact of tariffs. The conservative Koch political network has argued against the Trump administration's protectionist trade policies. 

The new study comes as Trump prepares to meet with Chinese President Xi Jinping at this week's G-20 meeting, amid the U.S.-China trade standoff. The Koch-commissioned study assumes that the administration's steel and aluminum tariffs and quotas remain, as well as retaliatory tariffs U.S. trade partners have put in place. 
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Holy shit I've seen it all now.   MC posting studies paid for by the Koch brothers.  :lol:  MC pro Koch, pro China.  :lol:  

Honest question MC....what should we do regarding trade with China?   Back to business as usual?  

The study, commissioned by the lobbying shop for Koch Industries and conducted by consulting firm ImpactECON, looked at the potential cumulative impact of tariffs. The conservative Koch political network has argued against the Trump administration's protectionist trade policies. 

Edited by Highmark
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3 minutes ago, Highmark said:

Holy shit I've seen it all now.   MC posting studies paid for by the Koch brothers.  :lol:  MC pro Koch, pro China.  :lol:  

Honest question MC....what should we do regarding trade with China?   Back to business as usual?  

The study, commissioned by the lobbying shop for Koch Industries and conducted by consulting firm ImpactECON, looked at the potential cumulative impact of tariffs. The conservative Koch political network has argued against the Trump administration's protectionist trade policies. 

Can you imagine how torn he is :lol: 

is orange man bad or Koch man bad! Only DU knows 

  • Haha 2
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