News list for "Ordinary family"
350 billion! US tariff revenue has accounted for 18% of household income tax. Behind this huge amount of money, is it the rich income of the national treasury, or the heavy price of ordinary families paying "shadow value-added tax"? Click to view...
In the tough retail sector, industry players expect suppliers, retailers and consumers to bear the additional costs from tariffs roughly equally, but that trend won't happen in a linear fashion, UBS analysts said in a research note. "The higher the tariff, the more likely it is that the increased costs will be borne by consumers," analysts said, adding that the average household will need to absorb about $775 in retail price increases. Given that about two-thirds of U.S. households have annual i...
