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US-China: How tariffs are negatively impacting Americans

DeFi Daily News by DeFi Daily News
April 28, 2025
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After Chinese officials rebuffed claims that President Xi Jingping has been in talks with President Trump on trade and tariff deals, the US leader later went on Truth Social to announce a proposed income tax cut to ease tariff pressures on Americans.
University of Michigan Professor of Economics and Public Policy Justin Wolfers comes on The Morning Brief to react to this news and the “choice” Trump has in alleviating tariff strains.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
#youtube #china #tariffs

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Tags: AmericansBondsbusinessCurrenciesEquitiesFXimpactingInvestingInvestmentMarketMarketsMoneynegativelyNewsNYSEPersonal FinancePoliticsSavingsStock marketstockstariffsUS-ChinaUSChinaYahoo FinanceYahoo FInance Premium
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