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The latest price data deals a sharp blow to the fearmongers who said consumers would pay for Trump’s tariffs.

Consumer prices once again demonstrate that American households are not being squeezed by tariffs on metals and China imports

Job openings in metals-using sectors are up sharply compared to a year ago, dispelling the myth that steel and aluminum tariffs hurt U.S. workers.

December price data defy predictions that tariffs would push price levels higher.

Consumer prices on many items subject to tariffs actually fell in December, defying predictions that the trade war would weigh on American consumers.

So much for the blarney about tariffs hurting U.S. manufacturers.

They keep saying tariffs are taxes on American consumers and forcing prices higher. And every month inflation data shows that is not true.

They told us that the metals-using American businesses would get wrecked by steel tariffs. Instead, they are thriving.

A Pittsburgh, Pennsylvania aluminum mill is crediting their rising profits to President Trump’s protective tariffs on imported foreign aluminum.

They said tariffs would destroy jobs. That hasn’t happened.

About half of U.S. business owners say President Trump’s tariffs on Chinese goods, as well as imported steel and aluminum, are good for business, calling them “positive” for the economy.

Critics said tariffs would be a tax on U.S. consumers. The recent data on producer prices, however, show higher costs are not getting passed on to American consumers.

Tariffs were predicted to be a drag on productivity. Instead, U.S. worker productivity saw the biggest quarterly increase in three years after the Trump administration implemented steel and aluminum tariffs.

Remember when they said tariffs would raise the prices of beer, soup, and canned food? The latest data shows that prices are actually falling.

There are 20 times as many American jobs that have been created in the last six months thanks to President Trump’s tariffs on imported foreign goods than jobs that have been lost. 

President Trump’s tariffs on imported steel, aluminum, solar panels, and washing machines have created more than 11,000 American jobs.

“Our relations with Turkey are not good at this time!” Trump wrote on Twitter.

Tax cuts boosted profits although metals tariffs raised the cost of raw materials.

Manufacturers say they are worried about tariffs and the tight labor market. But consumers are not feeling the bite of rising costs.

Experts said American industries that use imported metals were going to suffer under tariffs. Instead, they added 27,000 new jobs in recent months and wages for workers are rising.

Canada retaliated Sunday for U.S. tariffs on steel and aluminum by inaugurating tariffs on $12.6 billion in U.S. goods.

Testifying before the Senate Finance Committee Wednesday, Commerce Secretary Wilbur Ross took Senator Michael Bennet (D-CO) to task over the Trump administration’s plan to hold China accountable for dumping steel globally. 

The European Union (EU) will retaliate against President Donald J. Trump’s metal tariffs by July, with €2.8 billion (£2.5bn) of levies on U.S. key exports, designed to do maximum damage to iconic American brands.

U.S. President Donald J. Trump’s steel and aluminium tariffs are “illegal”, France and Germany have claimed, as the protectionist European Union (EU) moves to introduce harsh retaliation measures.

“It is simply ridiculous to view any trade with Canada as a national security threat to the US and we will continue to stand up for Canadian workers & Canadian businesses,” Canada’s prime minister said in a tweet.

The United States ended a delay of steel and aluminum tariffs for the European Union, Canada, and Mexico with a proclamation on Thursday.

President Donald Trump hinted at the need for a “different structure” for a bilateral trade deal with China just one day after the Commerce Department’s Tuesday determination that China has been using Vietnam to circumvent anti-steel dumping measures.

The United States will not lift tariffs on Chinese steel and aluminum, Treasury Secretary Steven Mnuchin said on Tuesday.

When Wilbur Ross went on CNBC to explain that tariffs wouldn’t hurt consumers, he held up a can of Campbell’s soup to make his point.  The company reacted by claiming that prices would increase.

Gary Cohn says that he is, indeed, a globalist and that his biggest regret about his time in the White House was not being able to make the personal tax cuts permanent.