My country's money is affected with its purchasing power. Now there are so many goods and services are affected by inflation which is more than 6% this year and I was told by my mother that a kilo of Cabbage now costs six dollars.
It means that either we don't make vegetable dishes or we buy already made foods with much higher prices. The government's taxation on certain products actually affects the common consumer rather than the makers of such goods.
But what is weird is that after the sugary drinks had been taxed the items with artificial sugars also went up with their prices. I am not against additional taxes because the services of the government would get improved but in a way it also affects ultimately the common people than the industries that makes and delivers certain goods and services.
I think trump just have to make a friendly cooperation with China with regards to its economic policies because additional Tariffs just results in a domino effect and the whole world suffers just like what is happening in my country.