The Tariff Scare Narrative Has Collapsed–Latest Price Data Show No Inflation
Neither the tariffs placed on steel and aluminum a year ago nor the more recent ten percent tariff on Chinese goods has pushed prices of goods sold to consumers up.
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U.S. Producer Prices Lower Than Expected in April
Lower than expected prices received by businesses indicates that inflationary pressures in the U.S. remain very weak.
Auto Prices Up Just 1 Percent From a Year Ago Despite Steel Tariffs
When Trump announced tariffs on steel and aluminum last year, economists predicted an auto-paclypse would send prices soaring higher.
Business Prices Dropped Again in January, Showing No Signs of Tariff-Led Inflation
The latest price data deals a sharp blow to the fearmongers who said consumers would pay for Trump’s tariffs.
U.S. Producer Price Index Jumps But May Be An Inflation Head-Fake
There’s a mysterious category in PPI called “trade services” that might have created an illusion of inflation in October.
Carney: U.S. Producer Prices Surged in October But There’s Still No Sign Tariffs Tax Consumers
Prices on home appliances, electronics, cars, trucks, soaps, and even toilet paper fell in October.
