If you don't remember, he put tariffs on in 2018. The market went down and then it bounced back.

When exactly are we going to see the ill effects, shortages, price hikes, and cats and dogs living together from these tariffs?

https://www.politico.com/news/2025/07/16/us-businesses-brace-for-impact-of-all-out-trade-war-00455478

US businesses brace for impact of all-out trade war

Countries are preparing to respond in-kind if Trump follows through on his latest threats. Domestic industries fear the worst.

Our country will take decades to recover from the gutting of data and information such that other countries will be able to rely on the US again in the future.

It is just so shocking to see the GOP supporting this.

Anonymous wrote:DOL cutbacks are leading some to question if the inflation data is even accurate. I just read an article in the WSJ. Can’t link as they don’t get freebies…I pay for Apple News.

Oh wait sorry I’m sure the chocolate ration will be increased soon.

Here’s one article talking about current employees manipulating data to fit trump’s agenda. The second article talks about how BLS is collecting less data due to a shortage of people and resources; therefore not sure how reliable the information is for processing.
https://www.marketplace.org/story/2025/05/02/former-bls-commissioner-on-data-reliability-under-trump

https://theweek.com/business/economy/inflation-data-economy-trump-tariffs-cpi

https://www.wsj.com/economy/trump-effect-starts-to-show-up-in-economy-45c83c7a

Americans as of Sunday faced a 20.6% average effective tariff rate, … the highest since 1910.
The full effect of the tariffs might not be felt for months …. But the … resulting price increases could amount to the equivalent of a $2,800 hit in yearly household income.”

Anonymous wrote:*Inflation rose 2.7 percent in June over the same period a year ago, the measure’s highest level since February. Economists say tariffs are helping to drive the increase. (AP)
https://apnews.com/article/inflation-trump-fed-powell-prices-8842d6ebca9d1870983e678e578d2091

*The “Yale Budget Lab projects resulting price increases could amount to the equivalent of a $2,800 hit in yearly household income.” (WSJ)
https://www.wsj.com/economy/trump-effect-starts-to-show-up-in-economy-45c83c7a

*“Signs of accelerating price pressures will make it much more difficult for the central bank to restart interest rate cuts that have been on hold since January.” (NYT)
https://www.nytimes.com/2025/07/15/business/cpi-report-inflation-june.html?smid=nytcore-ios-share&referringSource=articleShare

This is on top of the tax increases on lower and middle income Americans.

*Inflation rose 2.7 percent in June over the same period a year ago, the measure’s highest level since February. Economists say tariffs are helping to drive the increase. (AP)
https://apnews.com/article/inflation-trump-fed-powell-prices-8842d6ebca9d1870983e678e578d2091

*The “Yale Budget Lab projects resulting price increases could amount to the equivalent of a $2,800 hit in yearly household income.” (WSJ)
https://www.wsj.com/economy/trump-effect-starts-to-show-up-in-economy-45c83c7a

*“Signs of accelerating price pressures will make it much more difficult for the central bank to restart interest rate cuts that have been on hold since January.” (NYT)
https://www.nytimes.com/2025/07/15/business/cpi-report-inflation-june.html?smid=nytcore-ios-share&referringSource=articleShare

Anonymous wrote:

Anonymous wrote:DOL cutbacks are leading some to question if the inflation data is even accurate. I just read an article in the WSJ. Can’t link as they don’t get freebies…I pay for Apple News.

Oh wait sorry I’m sure the chocolate ration will be increased soon.

It’s fake. You can also post links because you’re not the only Apple News reader on DCUM and then people will have the article title they can read elsewhere, like the library.

Found it the article was hiding:

https://apple.news/A4KmznwKDTfeLVESBdepFkg

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Inflation has come in below expectations every month, not what I would expect when people are saying tariffs will cause lots of inflation.

tariffs have not really kicked in yet and we are already seeing upticks. What are you even talking about?

We were told there would be supply shortages in May, and surging prices at the same time. Remember the empty ports in April? I don’t doubt those could come, but n evidence s far. The NYT headline is hyperbolic and not supported by the data.

Do you also remember the part where Trump walked back the Chinese tariffs? If the 145% tariffs on Chinese goods had stuck, of course Americans would slow down importing from China and there would be shortages.

Anonymous wrote:DOL cutbacks are leading some to question if the inflation data is even accurate. I just read an article in the WSJ. Can’t link as they don’t get freebies…I pay for Apple News.

Oh wait sorry I’m sure the chocolate ration will be increased soon.

It’s fake. You can also post links because you’re not the only Apple News reader on DCUM and then people will have the article title they can read elsewhere, like the library.

DOL cutbacks are leading some to question if the inflation data is even accurate. I just read an article in the WSJ. Can’t link as they don’t get freebies…I pay for Apple News.

Oh wait sorry I’m sure the chocolate ration will be increased soon.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Inflation has come in below expectations every month, not what I would expect when people are saying tariffs will cause lots of inflation.

tariffs have not really kicked in yet and we are already seeing upticks. What are you even talking about?

We were told there would be supply shortages in May, and surging prices at the same time. Remember the empty ports in April? I don’t doubt those could come, but n evidence s far. The NYT headline is hyperbolic and not supported by the data.

If you read those articles then you would have seen that the impacts of those delays would start to be seen in the late summer. That would be another month.