In this episode, KT discusses:

Economists' viewpoint on tariffsPresident Trump initiating tariffs on both steal and aluminumWhat other countries are doing with tariffsGood and services on a budgetKey Takeaways:

Tariffs can drive up the cost of thingsWe as consumers are not willing to pay more for clothing which tends to enable the negative side of a tariffThe average hourly wage of a worker has been fairly flat on an inflation adjusted basis for the past 8 years"The most hurt consumer in a tariff war is the middle class.. Because they shop in the stores that carry the most stuff that's brought in from around the world." - KT Thomas

Reach Me Here: KT Thomas

Connect with KT Thomas: https://ktsmoneymatters.com/

Purchase KT's book- The Hardworking Woman's Guide to Money

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