Trump vowed to reduce prices, but his policies have fueled US inflation | Steven Greenhouse
Instead, some of his most important policy decisions – most notably his war against Iran and his tariff wars – have increased inflation instead of reducing it.
Key points
- Indeed, the “ liberation day ” tariffs he imposed soon after returning to office increased the price of hundreds of goods, including citrus fruits, steel, bananas, beef….
Even though economists warned that tariffs would be inflationary, Trump has enthusiastically embraced them during his second term.
This helps explain why more than one-in-five Americans who voted for Trump now disapprove of the job he’s doing.
How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →
Advertisement
Every article behind this summary — 1 article from 1 outlet
Get stories like this in your inbox.
Subscribe — it's freeOne free email at 6am — your topics, deduplicated, five minutes. No account, no paywall.