‘Even though economists warned that tariffs would be inflationary, Trump has enthusiastically embraced them’ Donald Trump successfully campaigned for his second term two years ago promising to reduce prices on day one , but ever since he returned to the White House, he has done little to fight inflation or reduce prices. Instead, some of his most important policy decisions – most notably his war against Iran and his tariff wars – have increased inflation instead of reducing it. This helps explain why more than one-in-five Americans who voted for Trump now disapprove of the job he’s doing. Even though economists warned that tariffs would be inflationary, Trump has enthusiastically embraced them during his second term. Indeed, the “ liberation day ” tariffs he imposed soon after returning to office increased the price of hundreds of goods, including citrus fruits , steel, bananas, beef and
Trump vowed to reduce prices, but his policies have fueled US inflation | Steven Greenhouse
Original reporting
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