Here’s what could get more expensive from Trump’s massive tariff hikes
Trump has said that tariffs won’t lead to higher prices. But the United States economy seems to disagree: Inflation, which has remained fairly tame, is slowly creeping up because of tariffs.
Here’s what could get more expensive: Computers and other electronics, Clothing, Watches, Shoes, Furniture, Toys.
Offsite Linkby Anonymous | reply 6 | August 1, 2025 8:54 PM
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When could tariff-related price increases happen? In addition to the fact that businesses haven’t been fully passing on tariff costs to consumers thus far, in anticipation of higher import taxes, many spent months stockpiling goods.
That’s in part why Goldman Sachs economists estimate it takes eight months for the effect of the costs of imported consumer goods “to be fully realized in consumer prices.”
by Anonymous | reply 1 | August 1, 2025 8:28 PM
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Trump: "I made a trade deal with Xi."
Xi Jingping: "No, he didn't."
Trump: "I negotiated a ceasefire between India and Pakistan."
PM Modi: "No, he didn't."
Trump: "Iran called me!"
Iran: "No, we didn't."
Offsite Linkby Anonymous | reply 2 | August 1, 2025 8:50 PM
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The World Laughs at Trump
Offsite Linkby Anonymous | reply 4 | August 1, 2025 8:52 PM
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The stock market dropped 542.40 points today--the first days of Trump's tariffs.
by Anonymous | reply 6 | August 1, 2025 8:54 PM
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