Trump's duties will hit the wallets of the Americans themselves. There are fresh calculations
Zdjęcie: Cła Trumpa uderzą w portfele samych Amerykanów. Są nowe wyliczenia / PAP/EPA
Although Donald Trump announced customs duties on imports from abroad are directed against another countries, the consequences of this kind of policy will be borne by the Americans themselves. According to calculations, the average US household will gotta spend more than $2.6,000 a year as a consequence of the introduction of customs duties. On the another hand, planet trade could decrease by 4% if the US administration introduced the announced duties, said PIE, citing the IfW Kiel study.