Renowned personal finance expert and author Ramit Sethi has ignited a wave of online discussion after criticizing the economic consequences of President Donald Trump’s newly introduced tariffs. In a widely shared post on X, Sethi highlighted how these import duties will sharply raise the cost of everyday goods, disproportionately affecting the very Americans who supported the policy.
Sethi, known for his bestselling book “I Will Teach You To Be Rich,” expressed concern that the tariffs—ranging from 20% to 46%—on a range of imported household products will hit working-class families the hardest. Items like sponges, towels, coffeemakers, and power tools, mostly sourced from countries like China, India, Mexico, and Vietnam, are now subject to these steep duties.
“Enjoy the 34%-46% tariffs,” Sethi quipped sarcastically, referring to price hikes on common kitchen and bathroom items. He argued that while the wealthy may benefit from unrelated tax breaks, the average American family will face significantly higher living expenses. “You’ll pay thousands more… so guys like me can get a tax cut I don’t need,” he wrote.
His post sparked intense responses on social media. Supporters praised him for speaking up, with one user commenting, “Somebody had to say it.” Others pushed back, defending the tariffs as a move to protect American manufacturing and balance trade deficits. One commenter wrote, “The purchaser should make the foreign company absorb the tariff—or be fired.”
One user warned the economic fallout might be wider than anticipated, saying, “You’ll end up paying more while your investments take a hit… cautiously hopeful things will settle in time.”
As debate grows, Sethi’s post has intensified public discussion around who benefits from trade policies like tariffs—and who ends up shouldering the cost.
