Federal layoffs due to DOGE's spending cuts have disproportionately affected women and people of color. Economists warn that Trump’s proposed tariffs will worsen economic uncertainty and instability. Valerie Wilson of the Economic Policy Institute explains that only a small percentage of companies can absorb these tariffs, leading many to raise prices instead. This price increase will have a particularly severe impact on low-income earners, especially women of color, who will face increased costs for essential goods and services, further straining their financial situations.
...there is so much chaos and uncertainty associated with Trump's policies and tariff policy in particular. This uncertainty makes it harder to maintain a stable economy.
Fifty-four percent said they will have to raise prices to accommodate. The rising costs will not be evenly felt but will have a disproportionate impact on people who are already struggling.
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