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Americans expect tariffs to push up prices, shrink revenues: Poll

8 0
28.04.2025

Americans are expecting the Trump administration’s tariffs to result in higher prices and believe their overall cost will be greater than their revenue increases, according to a new poll.

Eighty-nine percent of U.S. adult respondents think the tariffs will increase prices, while 70 percent believe the tariffs will cost more than what they bring in, according to a survey published Monday by Gallup.

Fewer Republicans are predicting upward price movements as a result of the tariffs than Democrats, but people from both parties agree on the overall upward price pressures.

Eighty-two percent of Republicans and 92 percent of Democrats are predicting higher prices.

Republicans and Democrats are split on the revenue effects, with 77 percent of Republicans seeing long-term revenue gains........

© The Hill