Trump's Forever Tariffs Kick In, US Consumers Pay
Dallas Fed data show tariffs lifted annual inflation from 2.3% to 3.2% as 25 states challenge the levies in court.
4 Articles
4 Articles
Get Ready to Start Paying Even More as Trump’s ‘Forever’ Tariffs Kick in for the Long Haul
Republished with permission from The Conversation, by Kent Jones, Babson College President Donald Trump’s tariff announcements no longer cause the market gyrations that they did in 2025. But their sticker shock for American consumers is becoming increasingly clear—just as economic sentiment is souring ahead of the November 2026 midterm elections. Many business groups had hoped that the tariff wars would end in February, when the Supreme Court ov…
Howard Lutnick Claims Trump's Tariffs Are 'Winning The Day'
Never mind that the U.S. lost 11,000 manufacturing jobs in July. Here's Trump's Commerce Secretary Howard Lutnick blowing smoke up everyone's rears on this Thursday's Kudlow on Fox Business Network. LUTNICK: Well, I'm here for car week in Monterey and these 232 tariffs are winning the day. I mean, I've never been more popular than I am at car week because these tariffs are bringing auto manufacturing home and it feels so good and all the auto m…
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