The administration is “now acknowledging what economists and business leaders have told us from the beginning: that tariffs are driving up prices,” said one journalist. Although President Donald Trump didn’t actually confess that his global trade war is driving up the cost of groceries for Americans, he did finally drop his dubiously named “reciprocal” tariffs on key imports on Friday. According to a White […]
“Poor and working people are paying the price” of the president’s tariff policies, said Rep. Pramila Jayapal US consumers are increasingly feeling the impact of President Donald Trump’s tariffs, and the head of the Congressional Budget Office said on Monday that they are fueling inflation. During an appearance on CNBC, Congressional Budget Office (CBO) director Phillip […]
“Reckless tariff policy is wreaking warrantless chaos on our economy, with grocery giants shifting market uncertainty onto consumers,” said Accountable.US president Caroline Ciccone As leading grocery chains increase prices on essentials, they are blaming US President Donald Trump’s tariffs for raising the cost of living for households across the country. According to the Consumer Price […]
“Trump’s definition of ‘winning’ is hitting the American people with ever-higher taxes,” said economist Dean Baker. President Donald Trump on Thursday used emergency authority to impose high tariff rates on imports from dozens of American trading partners, including Canada—a move that economists criticized as a senseless approach to global trade that will further increase costs for consumers […]
