Tariffs are a “direct, regressive tax on Americans” and President Joe Biden’s new tariffs on Chinese goods will “hit every family.”
Fact check: Democrat says Biden's tariffs on China will 'hit every family' [...] "Tariffs are a direct, regressive tax on Americans, and this tax increase will hit every family," Polis wrote as he reshared Biden’s post. Experts say the tariffs could amount to a tax increase on many Americans. But they add that the notion that "every" American family will be hit is likely exaggerated.