Trump Claims to Solve Inflation Amid Rising Prices
TL;DR Summary
President Trump claimed to have solved inflation, but recent data shows rising prices, driven by tariffs and immigration policies that have increased costs for imported goods and labor, leading to higher food and apparel prices despite some inventory buffering. Economists warn these policies could further accelerate inflation.
- Trump just said he solved inflation. But prices are rising - in part because of his policies CNN
- US inflation rises in August as firms pass Trump tariffs cost on to consumers The Guardian
- Trump's oft-repeated move is to claim 'no inflation.' Polls say it's his greatest economic vulnerability. Yahoo Finance
- Podcast: Trump Isn’t the Only Reason the Price of Money Is Rising Bloomberg.com
- CNN | Trump Just Said He Solved Inflation. But Prices Are Rising - in Part Because of His Policies Loyola Marymount University
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