100% factual. Educate yourself
Posted on: January 30, 2024 at 13:49:33 CT
Spanky KU
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Trump's tariffs did not appreciably increase consumer prices... inflation remained BELOW the Fed inflation rate target even after the imposition of tariffs.
Consumers absorbed less than 10% of additional costs resulting from the 20% U.S. tariff on Chinese goods, Moody’s Investor Service reported... (for those of you challenged in math, that means less than 2% price increase from a 20% tariff)