Free trade

Low-income Americans could be most affected by new U.S.-Mexico tariffs

Trump himself.
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Low-income and fixed-income Americans may bear the brunt of President Trump's newly announced tariffs on Mexican goods, AP reports.

The big picture: Trump announced last week that he plans to levy a 5% tax on Mexican imports, increasing that number up to 25% in the ensuing months if Mexico does not address the flow of immigrants at the southern border. As the cost of everyday goods rises, low- and fixed-income households are expected to take the biggest hit. Meanwhile, more well-off households may be unaffected by the incremental increase in costs.

Biden leads Sanders among voters who use Twitter and Snapchat each day

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Former Vice President Joe Biden holds a 12-point lead over Sen. Bernie Sanders among daily Twitter users, a social network that is seen as skewing in Sanders' favor, according to a Morning Consult poll released Tuesday.

Why it matters: Some pundits have declared that Biden, 76, would have a tough time appealing to millennials and other younger voters given his relatively moderate policy stances. But Biden even holds a one-point lead — well within the poll's margin of error — among daily Snapchat users, one of the youngest possible demographics.