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Majority of Americans Expect Price Hikes Due to New Tariffs

Key Findings from Reuters/Ipsos Poll

  • 73% of respondents believe daily item prices will rise in the next six months
  • 4% think prices will decrease; rest either neutral or didn’t answer
  • 57% oppose new tariffs, including a quarter of Trump’s Republican supporters
  • 39% support the new tariffs, aligning with 52% who agree on international trade unfairness
  • 44% disagree that tariffs will boost US manufacturing; half of respondents believe short-term economic pain is worth long-term gain for U.S.

Following President Donald Trump’s announcement of increased tariffs on nearly all imports, a Reuters/Ipsos survey reveals that most Americans anticipate higher prices for everyday goods. Conducted online and nationwide, the three-day poll from June 18-20 questioned 1,027 U.S. adults with a margin of error of approximately 3 percentage points.

The new tariffs, which could affect almost all countries, have sparked opposition among 57% of respondents, including one-quarter of Trump’s Republican base. While 39% support the measure, aligning with the administration’s stance that other nations have exploited U.S. trade policies, 44% disagree that these tariffs will stimulate American manufacturing.

The poll also shows a partisan divide: half of respondents, predominantly Republicans, agree that short-term economic pain is worth it for long-term U.S. strength. This sentiment underscores the mixed views on Trump’s trade policies among American consumers.