President Donald Trump's tariffs have cost American consumers billions of dollars, via higher prices on everything.The uncertainty from tariffs has contributed to the global manufacturing downturn and has slowed business investment. Most economists figure tariffs have cut U.S. gross domestic product growth by a half to a full percentage point. States crucial to Trump's re-election - Wisconsin, Michigan and Pennsylvania - have been hit especially hard.
However, the president's allies think they've found a new way to sell tariffs: Turn the border-tax revenue into a tool of income redistribution.
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