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2025-09-12 14:59:15
[Latest Report: US Tariff Policy Could Add Nearly One Million People to Poverty] A recent report released by the Yale University Budget Lab indicates that, depending on the poverty measurement standard, the new tariffs implemented by the US government in 2025 will increase the number of Americans living in poverty by 650,000 or 875,000, and the proportion of the poor in the total population by 0.2% or 0.3%. The report argues that by reducing nominal income or raising prices, tariffs directly reduce the purchasing power of low-income American families and increase the poverty rate. (CCTV News)
