Trump, Inflation and tariffs
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Inflation, June
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The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove otherwise.
Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.
American companies in China are reporting record-low new investment plans for this year and declining confidence in profits, while uncertainty in U.S.-China relations and President Donald Trump’s
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'We've Had No Inflation': Donald Trump Makes A Fool Of Himself, Refuses To Believe Inflation Went Up In Pitiful Moment During Press GaggleDuring a press gaggle earlier today, Donald Trump dismissed reports that inflation accelerated last month, doubling down on his disastrous tariff policy. "We've had no inflation, all we have is we're making a fortune,
The acceleration in the CPI reading is bad news for President Donald Trump, who is pushing for the Federal Reserve to cut interest rates and stimulate the economy. The Fed's Board of Governors has so far resisted cutting rates to see how Trump's tariffs affect prices, concerned that summer would see a spike in inflation.
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.
The report on wholesale inflation came a day after the Labor Department reported that consumer prices last month rose 2.7% from June 2024, the biggest year-over-year gain since February, as Trump’s sweeping tariffs pushed up the cost of everything from groceries to appliances.
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Mediaite on MSN‘Who Do You Work For?’ Trump Interrogates Reporter Who Confronted Him Over InflationPresident Donald Trump interrogated a reporter who confronted him about the effects of his policies on rising inflation, asking him "Who do you work for?" The post ‘Who Do You Work For?’ Trump Interrogates Reporter Who Confronted Him Over Inflation first appeared on Mediaite.
President Donald Trump is returning to an old tactic as he tries to move his base past the uproar over his administration’s refusal to name Jeffrey Epstein’s alleged co-conspirators.As the president faces a sustained rebellion among some of his most loyal MAGA influencers,
A new report out this week is revealing the potential impact of President Trump's tariffs on prices and inflation.