Trump tariffs: US consumers will resent losing access to quality goods

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Trump tariffs: US consumers will resent losing access to quality goods - Business Standard

Quick Summary:

In some countries, such as Sri Lanka, the hunger for duty-free goods is still so great that Colombo’s airport shops sell refrigerators and washing machines to returning passengers.

President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House in Washington.

The US that confronted the Soviet Union knew that a consumer’s passion was not to be scorned — it was the strongest force in politics, and that a longing for Levi’s jeans and rock records could bring down a superpower.