Tag: Trump tariffs
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How Much Did Labor Productivity Gains Offset the Inflationary Impact of the 2025 Tariffs?
The specific claim – that firms held prices down to protect market share while cutting costs to restore margin – isn’t what this paper shows.
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Trump’s Beef Tariff Deal: Fact-Check & Economic Analysis
Trump says a 90-day beef tariff deal will cut prices and let the U.S. herd rebuild. The herd-size claim checks out, but the ‘fastest price rise under Biden’ claim doesn’t survive the data, and the deal’s economics work against the rebuild goal.
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Paying More and Buying Less: 2025 Tariffs and U.S. Household Spending
A new Federal Reserve working paper finds that 2025 tariffs led to partial retail price pass-through but much larger reductions in household spending, especially on non-essential goods. The burden fell unevenly, with low-income households facing the highest welfare cost as a share of income.
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Trade Deficit Rose to $60.3 Billion in March, but the Year-Over-Year Story Is Dramatic
The U.S. trade deficit widened modestly to $60.3 billion in March 2026, but the headline number obscures a remarkable year-over-year story: the gap is 55% smaller than a year ago, as importers no longer need to front-run tariffs.
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Trump Returns to Detroit Economic Club: Defends Economic Record, Attacks Welfare Fraud, and Promises Major Healthcare Changes
President Trump addressed the Detroit Economic Club on January 13, 2026, claiming historic economic achievements including $18 trillion in new investment and record-low inflation. The speech featured major announcements on welfare fraud enforcement targeting Somali communities, upcoming healthcare reforms with drug price reductions up to 600%, and housing affordability policies to be detailed at Davos,…