Trump’s Tariffs & Inflation: Why Prices Haven’t Spiked Yet (2024 Update)
Trump’s Tariffs & Inflation: Why Prices Haven’t Spiked Yet (2024 Update). Economists and businesses have long warned that President Trump’s tariffs would lead to higher consumer prices, but recent inflation data tells a different story. Despite expectations, May’s inflation report remained subdued, raising questions: When will tariffs impact prices—and why hasn’t it happened yet? Key…