08-November-2025
Economy News
 
Trump tariffs also hitting US consumers? US President admits Americans 'might be paying something' due to tariffs
08-Nov-2025

In a shift from his long maintained approach over US tariffs, US President Donald Trump on Thursday acknowledged that consumers are actually paying higher prices for goods. This marks a switch in his stance, as he has long maintained that US citizens have benefited from the tariffs overall. During a discussion with journalists in the Oval Office, a reporter quoted Chief Justice John Roberts' comment that tariffs are effectively taxes paid by Americans.

News Source:- https://timesofindia.indiatimes.com/business/international-business/trump-tariffs-also-hitting-us-consumers-us-president-admits-americans-might-be-paying-something-due-to-tariffs/articleshow/125155643.cms