“The Yale Budget Lab estimates that the price increases caused by Trump’s tariffs will cost the typical US household $2,400 in 2025. As a result of the tariffs, the budget lab says, apparel prices will soar 37% and shoe prices 39%. What Trump boasts as a win is a loss for millions of typical Americans.”

Trump is losing his foolish trade war. This will cost ordinary Americans greatly https://www.theguardian.com/commentisfree/2025/aug/11/trump-losing-trade-war

#EpsteinFiles #trumptarifftax
#inflation #risingprices

Trump is losing his foolish trade war. This will cost ordinary Americans greatly

Trump’s trade war has pushed up inflation, slashed US job gains, slowed economic growth and caused the manufacturing sector to sputter

The Guardian