Friday, June 19, 2026
40.3 C
New Delhi

7 in 10 Americans say Trump tariffs undermine their hard work: Survey

WalletHub’s poll has found that 55 per cent of the surveyed US adults think that their hard work is not paying off due to Trump’s tariffs. The president’s reciprocal tariff measures of up to 50 per cent have taken effect in most countries, including India

US President Donald Trump’s tariffs have not only sent jitters down countries that have been on the receiving end of his punitive measures, but also the American working class. A new survey has revealed that a majority of the US population thinks that tariffs and inflation are negating their hard work.

WalletHub’s poll has found that 55 per cent of the surveyed US adults think that their hard work is not paying off due to Trump’s tariffs. The president’s reciprocal tariff measures of up to 50 per cent have taken effect in most countries, including India.

STORY CONTINUES BELOW THIS AD

According to the survey, a significant majority, 7 in 10 respondents, said they are working harder this year compared to 2024. Around 40 per cent expressed concern that AI could replace their jobs. A separate Reuters/Ipsos poll released earlier this month found that 71 per cent of Americans fear advancements in AI will lead to permanent job losses for many US workers.

In addition, respondents in the WalletHub survey reported that the job market has shown little improvement, with nearly 60 per cent saying it’s still difficult to find employment.

While key US trade allies are bearing the brunt of Trump’s tariffs, the president has threatened to impose new tariffs on countries that “attack” American tech companies, saying that digital taxes are meant to harm the tech interests of the US.

In a post on Truth Social, Trump said, “As the President of the United States, I will stand up to Countries that attack our incredible American Tech Companies. Digital Taxes, Digital Services Legislation, and Digital Markets Regulations are all designed to harm, or discriminate against, American Technology.”

He added that such taxes and regulations “give a complete pass” to China and declared that if countries do not remove the legislation, then Washington will “impose substantial additional tariffs” on that particular nation’s exports to the country to the US.

Many countries, particularly in Europe, have levied taxes on the sales revenue of digital service providers, including Alphabet’s Google, Meta’s Facebook, Apple and Amazon. The issue has been a longstanding trade irritant for multiple US administrations.

STORY CONTINUES BELOW THIS AD

End of Article

Go to Source

Hot this week

From Kalamkari to Ayurveda: PM Modi’s gifts to French and Slovak leaders showcase India’s cultural heritage

File photo NEW DELHI: Prime Minister Narendra Modi showcased India’s rich artistic, textile and intellectual heritage through a range of traditional gifts presented to leaders and dignitaries during his recent visit to France a Read More

Dalal Streets End Lower As Sensex Falls Over 600 Points, Nifty Tests 24K

Show Quick Read Key points generated by AI, verified by newsroom Indian benchmark indices closed lower; IT stocks pressured by Accenture. Crude oil prices declined significantly after US-Iran peace agreement. Read More

Shahid Kapoor questions ‘A’ certificate from CBFC for ‘Cocktail 2’

Shahid Kapoor, Kriti Sanon, Rashmika Mandanna starrer ‘Cocktail 2’ has released in cinemas today, on June 19. Read More

Pakistan Captain’s Massive U-Turn Shocks Fans, Returns At 39

Former Pakistan women’s cricket team captain Nida Dar has announced her return to professional cricket after stepping away from the game for an indefinite period in April 2025. Read More

PM Modi To Lead National Yoga Day Event In Kolkata On June 21; BJP Calls It A Historic Moment

Show Quick Read Key points generated by AI, verified by newsroom Unique riverfront yoga, drone show, illuminations planned citywide. Read More

Topics

From Kalamkari to Ayurveda: PM Modi’s gifts to French and Slovak leaders showcase India’s cultural heritage

File photo NEW DELHI: Prime Minister Narendra Modi showcased India’s rich artistic, textile and intellectual heritage through a range of traditional gifts presented to leaders and dignitaries during his recent visit to France a Read More

Dalal Streets End Lower As Sensex Falls Over 600 Points, Nifty Tests 24K

Show Quick Read Key points generated by AI, verified by newsroom Indian benchmark indices closed lower; IT stocks pressured by Accenture. Crude oil prices declined significantly after US-Iran peace agreement. Read More

Shahid Kapoor questions ‘A’ certificate from CBFC for ‘Cocktail 2’

Shahid Kapoor, Kriti Sanon, Rashmika Mandanna starrer ‘Cocktail 2’ has released in cinemas today, on June 19. Read More

Pakistan Captain’s Massive U-Turn Shocks Fans, Returns At 39

Former Pakistan women’s cricket team captain Nida Dar has announced her return to professional cricket after stepping away from the game for an indefinite period in April 2025. Read More

PM Modi To Lead National Yoga Day Event In Kolkata On June 21; BJP Calls It A Historic Moment

Show Quick Read Key points generated by AI, verified by newsroom Unique riverfront yoga, drone show, illuminations planned citywide. Read More

825 Kg Fake Paneer Seized In Hyderabad; Synthetic Milk, Vegetable Fat Used

Show Quick Read Key points generated by AI, verified by newsroom Hyderabad police seized 825 kg fake paneer city-wide. Raids revealed unhygienic units, lack of licenses, poor ingredients. Read More

Viral Video: Villagers Conduct a Live “Post-Mortem” of a Newly Built Road!

Viral Video: Villagers Conduct a Live “Post-Mortem” of a Newly Built Road! Read More

UAE launches first retail T-Sukuk, letting residents invest in government-backed assets from Dh1,000

UAE opens sovereign Sukuk market to individual investors / Image – file For the first time, UAE residents and citizens will be able to invest directly in government-backed Islamic Treasury Sukuk with as little as Dh1,000, openi Read More

Related Articles