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The Economic Times

Top News / The Economic Times

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Who gains, who loses? Trumps tariffs and tax cuts break down the numbers

Trump economic policies winners and losers: President Trump's initial year reshaped American finances. New tax cuts primarily benefit the wealthiest citizens. Tariffs are increasing costs for everyday families. Cuts to programs like Medicaid and SNAP further impact lower-income households. Overall, most Americans face financial strain, with only the top earners seeing consistent advantages.

3 Apr 2026 11:45 pm