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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][twitter]https://x.com/jasonfurman/status/1945105608438321373?s=46&t=kf1qYlCXQnK[/twitter]gUhJWEIu2vg[/quote] Not a Trump fan, but the inflation rate seems comparable to most monthly values since 2024, which have been slightly higher than the Fed’s 2% target. To me the story is how little effect tariffs seem to be having on inflation to date.[/quote] Most of the tariffs have not kicked in yet or were rolled back. Also, because of the uncertainty, some importers have not passed the cost of the current tariffs along to the consumers because they anticipate that Trump will change his mind. However, they cannot keep doing that forever. Eventually importers will have to include the tariffs in their pricing.[/quote]
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