“Today’s inflation report confirms what we already knew: Trump’s tariffs are a tax on working-class Americans and additional tariffs would hurt them even more.”
“Today’s inflation report confirms what we already knew: Trump’s tariffs are a tax on working-class Americans and additional tariffs would hurt them even more.”
I think it’s a touch overblown for this month but it’ll be more visible in the coming months since production and shipping times are so long to get through the supply chain.
They actually saw a slightly adjusted down CPI-U for meat/eggs -0.2 and dairy -0.1 for may to June 2025.
However overall from May to June Food was up 0.3 Energy was up 0.9 (definitely will be interesting to watch as we get to the colder months for natural gas)
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