President Donald Trump’s sweeping tariff regime is already reshaping global trade and spiking government customs revenue. But these historic import taxes could also push more Americans into poverty, according to new research.
An analysis published by The Budget Lab at Yale on Tuesday finds Trump’s tariff hikes will likely increase the number of Americans living in poverty by 875,000 in 2026. This increase includes an additional 375,000 children in poverty.
Once people get desperate enough, they’ll be willing to work in the fields in the hot sun all day with no breaks, no shade, no water. The farmers will be happy with a new source of exploitable labor: win-win