Krugman Warns Trump’s Tariff Threats Will Harm US Consumers Considerable “The economic evidence is clear that tariffs are taxes paid by domestic consumers and businesses, not foreign governments,” Krugman emphasized. A man was hit by a car and killed while trying to cross Highway 171 in Moses Lake.

President Donald Trump on Tuesday threatened to raise tariffs on Indian imports as high as 25% if the allied nations cannot complete a long-sought trade agreement.

The stakes are high, with the United States and India counting on each other as indispensable partners in their competition with China.