Trump inflate prices

It turns out that putting massive taxes on imported computer goods increases the prices of consumer goods:
Companies are starting to shift more tariff-related costs onto consumers.
Many businesses chose to absorb the additional tax during the early days of President Trump’s trade war. But evidence is emerging that they are running out of options to keep prices stable in the face of deteriorating profit margins, suggesting that the tariffs could have a more pronounced effect on prices in the months ahead.
Government data, including from the Commerce Department this week, show that prices rose in June on items heavily exposed to tariffs, such as home furnishings, toys and appliances.
And in recent days — before Mr. Trump announced tariffs for much of the world on Thursday night — Adidas, Procter & Gamble, Stanley Black & Decker and other large corporations told investors that they either had increased prices or planned to do so soon to offset the tariff costs. Companies like Walmart and the toymakers Hasbro and Mattel had already warned that tariffs would lead to higher prices.
“We have no interest in running a lower-margin business, particularly due to tariffs,” Richard Westenberger, the chief financial officer of Carter’s, a children’s apparel maker, said on a call with analysts on July 25. “And if this is something that’s going to be a permanent increase to our cost structure, we have to find a way to cover it.”
Corporations would do a lot of things for Trump, but “lower our margins so his economic policies look less stupid” is not one of them. Congratulations to the “I just cheaper eggs” voters who were crucial to Trump winning.
Alas, not getting the memo is this layer cake of useful idiots:
John Fetterman: Trump is absolutely winning the trade war. I'm a huge fan of Bill Maher, he's one of the oracles for the Democratic Party. He thought that the tariffs we're going to tank the economy, and he acknowledged that they didn't.
[image or embed]— Craig R. Brittain (@craigbrittain.com) Aug 2, 2025 at 6:17 AM
I don’t know if Connor Lamb wants a re-match but I’ll sure as shit donate to his campaign if he does.