Trump tariffs didn't just tax imports — they made American-made stuff more expensive too.
NYFed data (via Fox News):
• +2.9% to consumer goods inflation by early 2026
• ~67% from imports
• ~33% from U.S.-made products (domestic manufacturers got hit paying more for imported parts)
Without tariffs? Prices on everyday goods would've actually dropped.
So much for "protecting American industry" — you just got a hidden tax on everything.
NYFed data (via Fox News):
• +2.9% to consumer goods inflation by early 2026
• ~67% from imports
• ~33% from U.S.-made products (domestic manufacturers got hit paying more for imported parts)
Without tariffs? Prices on everyday goods would've actually dropped.
So much for "protecting American industry" — you just got a hidden tax on everything.