From Walmart shelves to Tesla showrooms, consumers are feeling the pinch of Trump’s sweeping April 2025 tariffs. A leaked Home Depot memo projects 8-11% price hikes on power tools, while EV buyers face $3,000+ surcharges on Chinese-made batteries. Economists warn the policy could undo recent Fed progress on inflation, with middle-class households disproportionately impacted. “This isn’t trade policy—it’s a tax on working families,” argues former Treasury Secretary Janet Yellen.
Categories: