Author and personal finance advisor Ramit Sethi has raised debate online after putting a post on the economic fallout from US President Donald Trump’s newly announced tariffs. In the viral tweet on X, Sethi has explained how the sweeping import duties are expected to impact American households, especially those who have voted for the policy.
Good evening, MAGA voters. Thanks to your vote, you'll now pay thousands of dollars more per year.
Let's begin by taking a tour of your grimy homes.
In your kitchen:
– Coffeemaker: Likely made in China, Thailand, or Malaysia. You'll now pay 24%–36% more
– Sponges: Enjoy the…— Ramit Sethi (@ramit) April 2, 2025
Tariffs rise on household goods
Sethi, famous for his bestselling book, ”I Will Teach You To Be Rich,” pointed out the financial strain that these tariffs could result in. He highlighted that while the healthy will gain from tax breaks, the working-class Americans, especially the ones who supported Trump, will suffer the most because of the increase in prices.
In his post, which has received lots of views, he detailed how essential household items can become remarkably more costly because of the import tariffs varying from 20% to over 45%. He pointed out that products like towels, coffeemakers, sponges, and power tools, most of which are imported from countries like China, Mexico, India, and Vietnam. All these products will now be subject to sharp tariffs under the new policy.
He anticipates that these changes will make way in increasing expenses for an average American family. ”Enjoy the 34% -46% tariffs,” he remarked with a sarcastic tone when referring to common kitchen and bathroom products.
Sethi’s main argument is that tariff hikes unreasonably impact middle and lower income households, whereas it will gain high-income individuals via unrelated tax cuts. ”You will pay thousands of dollars more….so that wealthy guys like me can get a tax cut I don’t need,” he added in his post.
Public reaction on Sethi’s tariff post
The tweet quickly went viral, with many hailing Sethi for his opinion while others pushed back, saying that the tariffs are a way to safeguard American industries and for reducing trade imbalances.
Sethi’s post drew mixed reactions on the social media platform. One user stated, ”Somebody had to say it,” showing support for Sethi’s analysis. Others showed frustration through their reply. One user commented, ”The purchaser should make the foreign company absorb the tariff-or to be fired.”
Another account user warned of the broader financial fallout: ”You’ll pay more and your equities will be destroyed at the same time…cautiously optimistic this will resolve eventually.”
As the economic effect takes place, public debate continues over who will truly benefit from these trade policies and who will bear the brunt.
