How Trump's tariffs work to redistribute wealth up the food chain

The U.S. president's tariffs, ostensibly targeting unfair foreign trade practices, have ended up benefiting large corporations at the expense of poor and middle-class Americans. These corporations, often well-connected through lobbying and political donations, have managed to pass on the costs of tariffs to consumers, ultimately reducing disposable income for lower-income households. This shift highlights a troubling trend in economic policy where the intended beneficiaries of protectionist measures end up being the wealthy elite, raising questions about equity and the effectiveness of such economic strategies.