It’s been over 100 days since the latest round of tariffs was implemented under former President Donald Trump’s policies.
A recent poll reveals that while many Trump voters feel economic pain from tariffs, 71% still believe these costs will yield long-term benefits for America.
For Advisor’s Gateway clients, understanding the politics of trade is essential to capitalise on market swings and manage risk.
Poll Details
Surveying 2,000 self-identified Trump supporters across key regions, the poll found:
- 65% say tariffs have raised the cost of everyday goods.
- 44% report job impacts like reduced hours or layoffs.
- 71% remain confident tariffs will strengthen the U.S. economy long-term.
Economic Pain Points
Higher Consumer Prices
Tariffs on appliances, electronics and groceries have driven up retail costs, squeezing household budgets.
Factory Jobs Under Pressure
While steel and aluminium producers gained, automotive and machinery plants cut back production and hours.
Trade Friction Escalates
Retaliatory tariffs on crops like soybeans and corn have hit farmers, disrupting established export channels.
Investment Takeaways
- Commodities Surge: Import tariffs tighten supply, driving up steel, aluminium and lumber prices.
- Protective Tech Plays: Software and domestic-capability firms remain insulated from input-cost shocks.
- Agricultural Opportunities: Futures traders can exploit volatility in crop markets amid trade disputes.
Insider Tip
Trade Tracker subscribers used our tariff-scenario models to adjust portfolios ahead of mainstream impacts.
Expert Insight
“Trump voters view tariffs as a tool for economic justice, even if near-term effects are painful.”
“Supply-chain disruptions from tariffs introduce inefficiencies that take years and expense to resolve.”
What’s Next?
Watch for policy updates on tariff adjustments, sector resilience if protections lift, and new trade alliances forming globally.
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