Trump says US prices ‘could go up’ as he threatens new tariffs on trade partners

BartenderElite said:
Then why did Trump say he would immediately bring prices down?

He didn't say he would immediately do things that would take a lot of time to bring prices down. He said he would immediately bring them down.
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Post relevant Quote here with source, please.
 
Bigdog said:
You had zero issues with Bidenflation, right?
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Bidenflation was partly caused by COVID and you MAGA only tell people about COVID causing inflation under Trump.
This new inflation should be called Trumpinflation because normal inflation is a product of the market and economy this TRUMPINFLATION is being done on PURPOSE.
And it will be in the area of what Trumps tariffs are , and for you MAGA morons 20/ 30/40 percent or more is a lot higher then the 9% or so we had under Biden.
So when prices go up by those amounts on PURPOSE remember you voted for Trump and for him to impose them on the US consumer so don't cry about it.
 
Tbird19482 said:
Bidenflation was partly caused by COVID and you MAGA only tell people about COVID causing inflation under Trump.
This new inflation should be called Trumpinflation because normal inflation is a product of the market and economy this TRUMPINFLATION is being done on PURPOSE.
And it will be in the area of what Trumps tariffs are , and for you MAGA morons 20/ 30/40 percent or more is a lot higher then the 9% or so we had under Biden.
So when prices go up by those amounts on PURPOSE remember you voted for Trump and for him to impose them on the US consumer so don't cry about it.
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Biden suffered for the trump virus supply chain issues. When he first took office the chains were fine but only for a short while as China was shut down. Millions of out of work people stayed home and shopped online. Soon after, prices started to rise as Chinese crap was in short supply.

I had a lot of trouble getting certain plastic plumbing fittings for many months.

As Biden steered the economy out of trump's disaster, corporations decided that the consumer is too stupid to realize that the supply of crap was coming back, but they might as well keep prices high.

The stock market soared as corporate profits hit all time highs after enjoying record profits since Obama's tenure.

Dividends and share buybacks increased, as CEOs bragged at shareholder meetings about how the stupid consumer continues to pay inflated prices.


That has not changed. Harris ran a campaign based on addressing windfall profits, but unfortunately for her, she has a vagina.

Corporations will not lower prices until the govt. starts looking into unfair practices. I don't expect that in this administration. Prices will do nothing but go up for a number of reasons...including those you mentioned.
 
Bigdog said:
When both sides agree to drop tariffs.
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You stupid fuck. Prices don't go down. They go back to where they were. Tariffs are meant to increase prices. How can you possibly be so clueless?

You have absolutely no idea why tariffs have been in place in some sectors for decades.
 
Althea said:
You stupid fuck. Prices don't go down. They go back to where they were. Tariffs are meant to increase prices. How can you possibly be so clueless?

You have absolutely no idea why tariffs have been in place in some sectors for decades.
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well Like I have been saying IMO corporations will not only raise prices up the amount of the tariffs but a couple percent more to pad their profits and blame it on the tariffs.
 
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