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.

  • LifeInMultipleChoice@lemmy.world
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    7 hours ago

    You said 1/320 = .003125. Then said that as a per-cent meaning per 100 which means /100

    Aka .3125 per 100 is .003125 The decimal shifts 2 to the left.

    Our language has a lot of clues people forget about when doing math.

    What is a cent, a penny. 100 [per]cents = $1 Many people I know forget how many quarts are in a gallon. Quart[er], 1/4… 4 in a dollar, 4 in a gallon I always love when I can find stupid things that help me remember how to navigate our stupid measurements.

    Beer: 1 barrel, 1/2 keg is a standard, 1/4 or 1/6 is a pony keg… Why, fuck if I know