With Tariffs Now Linked to Inflation, I'm Tracking 11 Key Products for Price Moves
The article discusses the impact of tariffs imposed by former President Donald Trump on the U.S. economy. A new report has found that inflation rose in June, which is seen as a direct consequence of these tariffs. The author is tracking the prices of 11 key products to monitor the effects of the tariffs on consumer prices. The article suggests that the tariffs, which were initially intended to protect domestic industries, have had unintended consequences, leading to higher prices for consumers. The author's approach of closely monitoring the prices of specific products aims to provide a more nuanced understanding of how the tariffs are affecting different sectors of the economy. The article highlights the ongoing debate around the effectiveness and impact of trade policies, and the need for policymakers to carefully consider the broader economic implications of such measures.
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