With Tariffs Now Linked to Inflation, I'm Tracking 11 Key Products for Price Moves
UNITED STATES, JUL 21 – Tariffs under Trump’s America First agenda raised US tariff revenues 110% to $97.3 billion in H1 2025 and created uncertainty for businesses and global trade partners.
- The Consumer Price Index has risen by 2.7 percent, the fastest pace since February, with core inflation up by 2.9 percent from last year, indicating ongoing price pressures.
- Starting August 1, new import taxes, including a 50 percent tax on Brazil and copper, will take effect, potentially increasing consumer costs.
- Lower-Income Americans are expected to be hit hard by rising import taxes and cuts to social programs like Medicaid and Food Stamps, widening income inequality.
12 Articles
12 Articles
Trump is quietly undermining his most loyal supporters — and they don't even know it
Trump is shafting his base economically in three ways most Trump voters don’t see or know. It’s important that they do.The Consumer Price Index has risen 2.7 percent from a year earlier. That’s the fastest pace since February. The trend is worrying, especially for working-class consumers who have to sacrifice a larger portion of their paychecks to buy what they bought before. So-called “core” inflation — which strips out volatile food and energy…
The three ways Trump is shafting his base
Trump is shafting his base economically in three ways most Trump voters don’t see or know. It’s important that they do.Prices are risingThe Consumer Price Index has risen 2.7 percent from a year earlier. That’s the fastest pace since February. The trend is worrying, especially for working-class consumers who have to sacrifice a larger portion of their paychecks to buy what they bought before.So-called “core” inflation — which strips out volatile…
Donald Trump's disastrous tariffs policy was based on a book his son-in-law saw on Amazon
Donald Trump‘s disastrous tariffs policy, which managed to tank the global economy, was largely based on a book his son-in-law found on Amazon which includes quotes from completely fabricated experts. Earlier this year, stock markets across the world plunged in reaction to Trump’s wide-ranging tariffs on imports to the US. And if you’ve been wondering where Trump got the inspiration for a trade policy widely seen as economic suicide by experts, …
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