Trump tariffs entirely responsible for inflation
Trump tariffs entirely responsible for inflation
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Trump tariffs entirely responsible for inflation What a surprise seeing this today. If you read the article, you'll note that retailers got reimbursed - not consumers - after they were ruled illegal by the SCOTUS. www.cnbc.com/2026/10 /08/inflation-tariff s-trump-fed-consumer -goods.html Thanks, MAGA!
Oops - forgot to click FastLane on this
Joe - can I change it somewhere?
LemonEye, TXLobo and gabbygirl reacted 
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well, that sure worked out really well for the retailers, didn't it? That means the tariffs became a profit for the retailers in addition to the profit margin factored into the price of the goods already..
IsThisYourDog, TXLobo and RolloTomaso + 1 more reacted |
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NOT entirely! Haven't you learned to stop watching mainstream news? And from New York?
Doesn't matter who reported it, if you read the article, that's the statement made the NY Federal Reserve...
The truth is a tad more complicated. Some lrge retailers claim they applied refunds to lower prices. The key words, some and claim.
Trickle down economics is one of the greatest scams in US history. The rich continue to get richer while the rest of us get poorer.
#msg6025744retailers got reimbursed - not consumers - after they were ruled illegal by the SCOTUS.
And there is significant documentation requirement.
Before SCOTUS ruled, they were in limbo not knowing how this was going to play out. They were forced to make difficult market decisions about pricing.
This thing cost them plenty.
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