Economic consequences of tariffs

Certainly! Here’s a concise and engaging excerpt that captures the essence of the article:

**Excerpt:**
“Trump’s proposal for sweeping tariffs—including a 25% levy on auto imports—has economists sounding the alarm. Experts warn these measures could spike consumer prices, disrupt supply chains, and trigger global retaliation, mirroring the costly fallout of past trade wars. While framed as protection for American workers, critics argue tariffs function as hidden taxes, disproportionately squeezing households and small businesses. As the 2024 election looms, the debate pits political rhetoric against economic reality, with voters left to weigh the risks of higher costs and job losses.”

This excerpt highlights the key stakes, balances expert perspectives, and hooks readers with the tension between policy promises and real-world consequences. Let me know if you’d like any adjustments!