Prices are now starting to rise because of tariffs. Economists say this is just the beginning

[Yo_Mama_Been_Loggin]

Economists, researchers and analysts have warned that President Donald Trump’s sweeping trade policy of tacking steep tariffs on most goods that come into America will deliver a taxing blow to consumers via higher prices.

However, recent months’ economic data has shown that overall inflation has remained fairly tame.

Trump and members of his administration tout the positive economic reports as signs that tariffs are working. However, the chorus of concern is growing: Prices are moving higher, and economists say this is just the beginning.

Here’s a look at the mechanisms behind why price hikes, and hotter inflation, are a slow burn:

https://finance.yahoo.com/news/prices-now-starting-rise-because-093024323.html

[Blues Heron]

1. Saw bananas were up 10 percent overnight at Wholey Foods

[Jack Valentino]

2. I am starting to overstock on canned tomato products---

spaghetti sauce, diced tomatoes, tomato sauce--- also growing my own for the freezer.

[edhopper]

3. He keeps postponing the tariffs

But his corruption and ignorance about economics will wreck the economy.