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Wednesday, August 20, 2025

Trump’s Tariffs Are Hitting Home: Prices Climb, Jobs Cut



Everyday Americans are starting to feel the weight of Donald Trump’s tariff policies and the economic ripple effects are adding up quickly.



On Wednesday, John Deere confirmed layoffs, citing increased costs tied to trade pressures. At the same time, PepsiCo announced a 10% price hike, meaning grocery bills are about to get even heavier. Over in tech, Sony revealed that U.S. consumers will soon pay $50 more for every PlayStation 5 model. And it’s not just products on shelves electric bills are already up 10% this year, straining family budgets further.


Also Read: Judge Refuses to Release Epstein Grand Jury Records, Citing Victim Safety


Economists say these changes reflect a broader trend: tariffs meant to strengthen U.S. industries are now passing higher costs onto workers and households. For millions of Americans, it feels like the promise of “economic nationalism” is turning into a financial squeeze.


Also Read: Hot Mic Catches Trump Saying Putin Wants to “Make a Deal for Me


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