Summary
Americans face higher living costs due to tariffs on imported goods. Teachers and businesses are especially feeling the strain as prices for everyday items and business supplies rise. Many people are working multiple jobs to afford these increased expenses.
Key Facts
- A Dallas teacher named Melinda spends $45-$56 weekly on student breakfast items, with prices increasing due to inflation.
- Texas teachers' salaries are not keeping pace with rising living costs.
- Tariffs, which are taxes on imported goods, are causing price increases in the U.S.
- Katie Ventre, who helps manage her family’s auto repair business, faces challenges as customers cut back on spending due to higher prices.
- Many companies use tariffs as reasons to increase prices, affecting consumers.
- The think tank Groundwork Collaborative reports that some companies gain extra revenue opportunities by raising prices amid tariffs.
- People across the U.S. often have to work multiple jobs to cope with increased expenses.
