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.
Oh it’s going to be a lot more than a million people.
No shit. Tell me about it. We easily have 100m+ in poverty currently; I could see that number doubling.
Even low balling it that seems like a delusional estimate. I’m in an extremely secure postion and I’m still pretty worried because I’m also burned the fuck out and a really recent hire