Is 10% universal tariffs enough to raise inflation?

[Anonymous]

Is 10% universal tariffs enough to raise inflation?

If so, why isn't the market down every day? Or is inflation not a problem anymore?

[Anonymous]

Anonymous wrote:Is 10% universal tariffs enough to raise inflation?

If so, why isn't the market down every day? Or is inflation not a problem anymore?

Probably not. People will buy less, leading to a recession.

[Anonymous]

Bloomberg had the right take: people think the President will lower them at first sign of market freak out. Right now, the tariffs aren’t ‘real’

Most certainly 10% - on top of Trump/Biden’s almost 30% since pandemic would mean real pain and yes inflation.

Shocked folks aren’t in streets already

[Anonymous]

Of course it is. It would result in less inflation than a 20% tariff, and more than a 0% tariff.

[Anonymous]

Walmart and others just announced that they will start raising prices due to tariffs.

They were selling existing tariff-free inventory, but that has been sold and the new stuff costs more.

Remember, the goal is 2% annual inflation and fed still won’t lower rates with inflation now at 2.8%.

You will see inflation move up to between 3-4% overall.

[Anonymous]

Anonymous wrote:Is 10% universal tariffs enough to raise inflation?

If so, why isn't the market down every day? Or is inflation not a problem anymore?

Yes, 10% tariffs will raise inflation in affected sectors.

The market is not down every day because we're getting a new plane for free !

Who cares about inflation when you can sell your own crypto ?!!!

[Anonymous]

Anonymous wrote:Is 10% universal tariffs enough to raise inflation?

If so, why isn't the market down every day? Or is inflation not a problem anymore?

Yes on inflation.
Markets? Because no one has any idea what is actually going to happen. As it is, the baseline is lower than January because of the 10% baked in.

[Anonymous]

Anonymous wrote:Of course it is. It would result in less inflation than a 20% tariff, and more than a 0% tariff.

+1