Two-thirds of voters said in a poll released Tuesday that President TrumpDonald TrumpOvernight Defense & National Security — Presented by Boeing — Milley warns of 'Sputnik moment' for China WSJ publishes letter from Trump continuing to allege voter fraud in PA Oath Keeper who was at Capitol on Jan. 6 runs for New Jersey State Assembly MORE’s next round of China tariffs will increase prices on U.S. consumer goods.
The Hill-HarrisX survey -- conducted shortly before Tuesday's announcement that Trump will delay tariffs on certain products from China -- also found that 25 percent of registered voters said the China tariffs would make no difference on consumer prices. Just 8 percent of respondents said prices would go down as a result of the tariffs, some of which will be postponed from Sept. 1 to Dec. 15.
Seventy-seven percent of Democratic voters said tariffs on Chinese imports would lead to an increase in prices, compared to 58 percent of Republican voters who said the same. Sixty-four percent of independents also predicted higher prices.
The poll comes as the U.S. and China struggle to find a breakthrough in negotiations to end a trade war that began in July 2018.
Trump has already imposed tariffs on $250 billion worth of Chinese goods and threatened to impose tariffs on even more if negotiations continue to falter.
The White House trade office on Tuesday announced it would delay imposing new tariffs on popular Chinese goods such as cellphones, laptop computers, video game consoles, toys, and some footwear and clothing.
Those tariffs will now be delayed until Dec. 15., giving shoppers some relief during the holiday shopping season.
The trade office also said it would remove an unspecified number of items from a list of Chinese products that will be hit with a 10 percent tariff starting Sept. 1.
The news gave U.S. markets a much-needed boast, with the Dow Jones Industrial Average soaring 500 points following the announcement.
The tariff delay comes after Wall Street economists raised the odds of a recession between now and next year’s elections.
Economists at Bank of America, Goldman Sachs and Moody's Analytics all warned in the past week that a recession is becoming more likely, saying Trump’s trade policies are a key reason for that.
The next round of trade negotiations between the U.S. and China is slated for September.
The Hill-HarrisX survey was conducted among 1,001 registered voters online from Aug. 9-10. The margin of error is plus or minus 3.1 percentage points.