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High inflation, make it worse with tariffs, then add tax cuts for the wealthy. 
 

B-b-but hunters laptop
 


But no matter our best intentions, tariffs are bad policy. 

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 “Tariffs are simply taxes… Taxing trade will mean less trade and higher prices.” So Republicans ought to be clear-eyed about the full, unadulterated impact of tariffs as we work to restore sound fiscal policy to our government.


Tariffs could cost average Kentuckian $1,200 a year

In Kentucky, local storeowners are already hearing about their suppliers’ prices going up. One estimate suggests the president’s tariffs could cost the average Kentuckian up to 

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. And it’s not just about rising prices here at home. During the last Trump administration, retaliatory tariffs from trade partners set off a broader trade war that hit wide swaths of American industry, from agriculture to manufacturing to aerospace and motor vehicles to distilled spirits. Already, 
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 that take direct aim at Kentucky production, targeting products like peanut butter and whiskey.

 

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