Hmmm, yet here we had one of the biggest one month surpluses in a long time thanks to tariffs so maybe he knows a bit more than you.
That narrative is obviously false, it was caused by timing debt creation to create a one month surplus to drive the narrative that tariffs are a great idea.....it is a manufactured mirage.
Trump Devotion Syndrome should be classified as a mental illness.
Another example of why conservative should never even attempt sarcasm and wit, it’s just not in them, their too bitter at heart
The “surplus” is due to importers stocking up on imports to get ahead of the game before the idiocy finally takes shape, simple economics
The Lord of Cretins sure has got a rather eccentric taste for cheese.
The only thing you got right is that you are simple.
Then prove it wrong, deliver on what you post, show us how it is not due to importers stocking up on imports to get ahead of the game before Trump’s full tariff idiocy finally takes shape
Poor anchovies,“WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances. “
“The uptick in inflation was driven by a range of higher prices. Grocery prices increased 0.3%. Appliance prices jumped for the third straight month. Toys, clothes, audio equipment, shoes, and sporting goods all got more expensive, and are all heavily imported.”
“You are starting to see scattered bits of the tariff inflation regime filter in,” said Eric Winograd, chief economist at asset management firm AllianceBernstein, who added that the cost of long-lasting goods rose last month, compared with a year ago, for the first time in about three years.
“Some companies have said they have or plan to raise prices as a result of the tariffs, including Walmart, the world’s largest retailer. Automaker Mitsubishi said last month that it was lifting prices by an average of 2.1% in response to the duties, and Nike has said it would implement “surgical” price hikes to offset tariff costs.”
“But many companies have been able to postpone or avoid price increases, after building up their stockpiles of goods this spring to get ahead of the duties.”
“Trump has insisted repeatedly that there is no inflation.”
The inflation from tariffs that economists feared begins to emerge
Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several months of cooling price pressures.apnews.com
Seeing they’ll never see it in any of their media, setting the record straight for the Red Hat Club
“WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances. “
“The uptick in inflation was driven by a range of higher prices. Grocery prices increased 0.3%. Appliance prices jumped for the third straight month. Toys, clothes, audio equipment, shoes, and sporting goods all got more expensive, and are all heavily imported.”
“You are starting to see scattered bits of the tariff inflation regime filter in,” said Eric Winograd, chief economist at asset management firm AllianceBernstein, who added that the cost of long-lasting goods rose last month, compared with a year ago, for the first time in about three years.
“Some companies have said they have or plan to raise prices as a result of the tariffs, including Walmart, the world’s largest retailer. Automaker Mitsubishi said last month that it was lifting prices by an average of 2.1% in response to the duties, and Nike has said it would implement “surgical” price hikes to offset tariff costs.”
“But many companies have been able to postpone or avoid price increases, after building up their stockpiles of goods this spring to get ahead of the duties.”
“Trump has insisted repeatedly that there is no inflation.”
The inflation from tariffs that economists feared begins to emerge
Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several months of cooling price pressures.
Seeing they’ll never see it in any of their media, setting the record straight for the Red Hat Club
“WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances. “
“The uptick in inflation was driven by a range of higher prices. Grocery prices increased 0.3%. Appliance prices jumped for the third straight month. Toys, clothes, audio equipment, shoes, and sporting goods all got more expensive, and are all heavily imported.”
“You are starting to see scattered bits of the tariff inflation regime filter in,” said Eric Winograd, chief economist at asset management firm AllianceBernstein, who added that the cost of long-lasting goods rose last month, compared with a year ago, for the first time in about three years.
“Some companies have said they have or plan to raise prices as a result of the tariffs, including Walmart, the world’s largest retailer. Automaker Mitsubishi said last month that it was lifting prices by an average of 2.1% in response to the duties, and Nike has said it would implement “surgical” price hikes to offset tariff costs.”
“But many companies have been able to postpone or avoid price increases, after building up their stockpiles of goods this spring to get ahead of the duties.”
“Trump has insisted repeatedly that there is no inflation.”
The inflation from tariffs that economists feared begins to emerge
Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several months of cooling price pressures.
Seeing they’ll never see it in any of their media, setting the record straight for the Red Hat Club
Little of that has anything to do with Trump. Apple has been planning it years now, they learned during the pandemic that the China supply chain was unpredictable, all it was for Trump was a photo op.
Poor, poor, poor, poor, anchovies.“WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances. “
“The uptick in inflation was driven by a range of higher prices. Grocery prices increased 0.3%. Appliance prices jumped for the third straight month. Toys, clothes, audio equipment, shoes, and sporting goods all got more expensive, and are all heavily imported.”
“You are starting to see scattered bits of the tariff inflation regime filter in,” said Eric Winograd, chief economist at asset management firm AllianceBernstein, who added that the cost of long-lasting goods rose last month, compared with a year ago, for the first time in about three years.
“Some companies have said they have or plan to raise prices as a result of the tariffs, including Walmart, the world’s largest retailer. Automaker Mitsubishi said last month that it was lifting prices by an average of 2.1% in response to the duties, and Nike has said it would implement “surgical” price hikes to offset tariff costs.”
“But many companies have been able to postpone or avoid price increases, after building up their stockpiles of goods this spring to get ahead of the duties.”
“Trump has insisted repeatedly that there is no inflation.”
The inflation from tariffs that economists feared begins to emerge
Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several months of cooling price pressures.
Seeing they’ll never see it in any of their media, setting the record straight for the Red Hat Club
What was your Orange Daddy’s cut?
Not necessarily, in economics it is called comparative advantage, reduces opportunities cost to maximize exchange, why Bangladesh makes sneakers and the U.S. doesn’t
