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Sen. Warren: ‘Chaotic’ tariffs give corporations excuses to ‘price-gouge’

Summary by insidetrade.com
The Trump administration’s “chaotic” tariffs are providing large corporations with “a new set of excuses” for raising prices on U.S. consumers, Senate Finance Committee member Elizabeth Warren argued this week. In a March 25 letter to Commerce Secretary Howard Lutnick, Warren asked how the administration would “prevent companies from using tariffs as cover to hike prices.” “I write regarding new information released last week by the Federal Rese…

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Bloomberg broke the news in United States on Wednesday, March 26, 2025.
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