Prices for Goods Fell in July Despite the China Tariff Hike
Prices of goods, less food and fuel, unexpectedly fell in July, once again demonstrating tariffs are hurting U.S. consumers.|
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Mick Mulvaney: Tariffs Have Not Raised Consumer Prices
The acting White House chief of staff explained this morning’s price data. Importers pay tariffs but consumer prices aren’t rising.
Trump is Right: Tariffs Are Not Raising Consumer Prices
Claims that the China or metals tariffs are squeezing consumers lack any basis in fact, the most recent inflation data show.
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.
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.
Carney: Flawed Study Used to Claim Trade War Hurts the U.S.
A new study seems to show a very small loss from tariffs. But a closer look shows even that is produced by flawed analysis.
Narrative Fail: Business Prices Fall Despite Rising Tariffs
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.
