Deluge of Trump tariffs seen hitting household budgets

Yeah, I just bought a crate of strawberries at Ralphs for a whopping 3.99 US dollars.

The same thing in Japan would cost about ¥3000

These articles are so cynical and not trustworthy. Could it be the legacy media?

Majority of Americans voted for him to reduce the price of groceries.. lol ! These fools have no idea of how the economy functions and how raising tariffs will only make the price higher because the extra cost is passed down to the customer. Trump had no clear economic policy and was just blowing hot air to prime up voters before the election. Now these voters have to face the harsh consequences of their actions as cost of living will become unbearable. The sad part of this is that Trumps millionaire cronies and Russia are the only people benefiting from the mess Trump is dragging America through. Well done America for destroying yourself from the inside!

What happened to all the screams of: prices aren’t really going up at all, it’s just “price gouging”?

What happened to all the screams of: prices aren’t really going up at all, it’s just “price gouging”?

Because it was, yeah. Because Biden didn't enact any policies that drove prices up (and you can't name any that would have). Onthe contrary, he acted to slow inflation down, and corporations fought him to keep them up.

But Trump is actively implenting policies that drive prices up. It's really not that complicated.

 Because Biden didn't enact any policies that drove prices up (and you can't name any that would have). 

Biden sanctioned Russia which drove up inflation world wide, so there you are.

It really depends on whether or not other countries decide to LOWER their tariffs, doesn't it?

Are countries like Japan willing to match US tariff rates, or will US under DJT be forced to match Japan rates?

As DJT wants consumers in ALL markets to have more choice and competition, resulting in LOWER prices!

Biden sanctioned Russia which drove up inflation world wide, so there you are.

Hilarious. Let me correct you: Russia invaded a sovereign country and started a war that drove inflation.

Yale University's Budget Lab has estimated the net impact of Trump's tariffs will be between a 1.0 percent and 1.2 percent hike to consumer prices, a yearly toll of $1,600 to $2,000 per household.

Here's hoping these price hikes hit as many millions of Americans down the bottom as possible - the ones living from pay check to pay check - and that they struggle to make ends meet and put fresh food on their tables.

That'd be happy days - and sweet, deserved justice for the demographics who voted for Trump.

*I'veSeenFootageToday  09:27 am JSTBiden sanctioned Russia which drove up inflation world wide, so there you are....Hilarious. Let me correct you: Russia invaded a sovereign country and started a war that drove inflation*

Yes, indeed you need a correction. The war itself didn't drive the prolonged inflation, Biden / EU sanctions did. That was a Biden administration policy.

The tariffs won't hurt the rich techies who support -- or at least cow-tow to -- Trump. The poor will get hit financially, but they'll be told to believe it's someone else's fault - Canada? The Panama Canal? So peace will reign. Yay.

Yes, indeed you need a correction. The war itself didn't drive the prolonged inflation, 

Yes it did. Claiming it didn't is simply insane.

https://www.thenation.com/article/world/ukraine-inflation-war-trump-economy/

https://www.europarl.europa.eu/RegData/etudes/IDAN/2023/741487/IPOL_IDA(2023)741487_EN.pdf

Here's hoping these price hikes hit as many millions of Americans down the bottom as possible - the ones living from pay check to pay check - and that they struggle to make ends meet and put fresh food on their tables.

That'd be happy days - and sweet, deserved justice for the demographics who voted for Trump.

Most Americans are right to be mad. We've got Trump because the Dems wouldn't let people have Bernie through their "super delegates" forcing the Hillary Clinton on them. Clinton's husband signed NAFTA and shafted most Americans, one of many reasons they voted for Trump.

*New YorkCNN Business —  **As the United States and Europe ramp up their sanctions on Russia, Western consumers will soon face rising costs. The price pressures come at a bad time when America’s inflation rate is already at a nearly 40-year high. *

Thank Biden sanctions on Russia. Biden admin policy. Democrat poster claims that Biden didn't enact any policies that drove up prices are clearly false.

Thank Biden sanctions on Russia.

So now that Trump will lift those sanctions, the inflation will of course automatically drop completely? Right?

Democrat poster claims that 

I'm not Democrat.

Biden didn't enact any policies that drove up prices are clearly false.

The sanctions on Russia had infinitely less effect on the worldwide inflation than... the actual war Russia started. You're blaming the firefighters for wasting water while conveniently forgetting the pyromaniac who set the forest on fire.

When was the last time you've bought any Russian product (aside from oil/gas). Russia makes nothing that any discerning consumer would want to buy,

Just buy grown in America and all shall be shall be good. No need to be buying food from other places anyway. People survived without imported food before and they will now too. About time the broken supply chain was fixed and production brought home. The promiise of a utopian aocietty that Globalization would bring was all a ruse.

Honestly, happy to see Americans suffer and looking forward to see it completely unravel. It’s what Americans voted for, so they fully deserve paying $12 for a dozen eggs.

So now that Trump will lift those sanctions, the inflation will of course automatically drop completely? Right?

Dropping sanctions should lead to lowering energy prices which led to a a higher inflation ( thanks Joe Biden ) , yes. Nobody said anything about "completely", that is a disingenuous claim.

I'm not Democrat.

But of course not.

Thank Biden sanctions on Russia.

Thank Putin for sanctions on Russia.

 It’s what Americans voted for, so they fully deserve paying $12 for a dozen eggs.

Except Americans are not paying $12 for a dozen eggs. Claiming they do is disingenuous.

As of January 2025, the average cost of a dozen eggs in the U.S. is $4.95, according to data from the U.S. Bureau of Labor Statistics (BLS).

Except Americans are not paying $12 for a dozen eggs. Claiming they do is disingenuous.

As of January 2025, the average cost of a dozen eggs in the U.S. is $4.95, according to data from the U.S. Bureau of Labor Statistics (BLS).

as of January 2025, Ie when Biden was still potus! Haha.

They are now going for $12 in March 2025. 140% increase in 2 months, welcome to the trump economy.

The rich will get tax breaks and richer.

The poor pay more for basic things like food and get poorer

As of January 2025, the average cost of a dozen eggs in the U.S. is $4.95, according to data from the U.S. Bureau of Labor Statistics (BLS)..........as of January 2025, Ie when Biden was still potus! Haha."

Latest official statistics are for January 2025. Where are you buying eggs for an average price of $12 / dozen?

Nibek32, 03:17pm

Price of a dozen eggs at Costco in NY as of end of February 2025-

While some retailers may list their eggs for cheaper online, here are the price tags I found in stores in my home state of New York. The winner in terms of price per egg is, per usual, Costco (at just $4.25 a dozen)!Feb 26, 2025

That doesn't sound like $12 per dozen, does it?

The rich will get tax breaks and richer. The poor pay more for basic things like food and get poorer

Poor people vote MAGA. Trump is just expanding his voter base.

Uneducated people also vote MAGA, which is why Trump is planning to defund the Dep of Education.

Thick, impoverished people ruled by autocratic billionaires is the MAGA dream.

Important to note that many countries like South Korea and China to name a few, have VERY high tariffs and VERY low inflation. Media tariff narrative is utterly false.

Inflation caused by too much Central Bank Money Printing increasing money supply, too much 'easy' lending by banks, increasing money supply AND collapse in currency real asset purchasing power, caused by Global Proxy Wars, like Ukraine.

Real inflation in Japan today clearly higher than the US, even with a shrinking aging population, and why JGB's rates are increasing while US Treasuries are decreasing.

Japan's Central Bank has massively increased the money supply along with easy lending conditions relative to the US, the BOJ balance sheet exceeds the FBR, even though Japan's economy about 7X smaller.

Japan can sell the American debt it holds. Japan is the largest foreign holder of US debt. That could impact the US economy. Impact the US economy by pushing up bond yields, straining the federal budget, and forcing the Fed to change interest rates. 

As of November 2024, Japan held $1.09 trillion of US debt, making it the largest foreign holder of US debt. 

The UK holds $800 billion of American debt.

Poor people vote MAGA. Trump is just expanding his voter base. Uneducated people also vote MAGA,

They used to traditionally vote for Democrats. They must have realized that Democrat party has changed and now cater for the needs of the elites and vested interests , especially under Biden. So they flocked to common sense Trump option, realizing he cares more about them than the Democrat elitists do.

US debt levels will soon peak and are far lower than Japan. DOGE based Govt. downsizing, Drill baby Drill and accelerating US economic growth due to massive capital inflows, many in order to eliminate tariff risk.

US Govt. will also be clawing back a great deal of $funds from 'fraudsters' soon, Bond markets VERY excited about Trump's plans and agenda to get US fiscal house in order, including putting an end to huge trade deficits by using 'reciprocal' tariffs.

DJT = Make America Rich Again!

DOGE can only show about $8 billion of savings although it claims more.

DJT = Make America Rich Again!

.."the net impact of Trump's tariffs will be between a 1.0 percent and 1.2 percent hike to consumer prices, a yearly toll of $1,600 to $2,000 per household."

Thick people deserve to be fleeced by the people who promised to fleece them in return for their vote.

Poor people vote MAGA. Trump is just expanding his voter base.

Uneducated people also vote MAGA, which is why Trump is planning to defund the Dep of Education.

Thick, impoverished people ruled by autocratic billionaires is the MAGA dream

Ignorance personified, in one fell swoop, by yet another tolerant liberal:

Doesn't think like me, so it must be less than me.

The Dept. of Education has been given too much power, with no good result.

The states will decide, and therefore the constituents of that state, what will and what will not be taught at their schools, a direct result of the overreach displayed by the last administration attempting to turn parents into bystanders, while "wokeness" and all its derivatives became federally approved.

That time, is done.

blue in greenToday 02:42 am JST

The states will decide, and therefore the constituents of that state, what will and what will not be taught at their schools, a direct result of the overreach displayed by the last administration attempting to turn parents into bystanders, while "wokeness" and all its derivatives became federally approved.

They already do decide what will and what will not be taught at their schools despite MAGA attempts to remove discussions around race and sexuality.

blue in greenToday 02:42 am JST

That time, is done.

Until MAGAs go out in a blaze of incompetence. Could be four years. Could be two years.

wallaceMar. 6 06:50 pm JST

Japan can sell the American debt it holds.

And what impact would that have on Japan? And will 1/37th of the total US national debt be noticed?

Japan can sell the American debt it holds.

And what impact would that have on Japan? And will 1/37th of the total US national debt be noticed?

$1.09 trillion to pay for any Trump tariffs.

Biden sanctioned Russia which drove up inflation world wide, so there you are.

No, there you aren’t. Western sanctions against Russia began in 2014, after which inflation globally was very low. Russia’s full-scale invasion was in June 2022, after which inflation immediately took off, peaking at 9% in the US 4 months later, also pushed higher by the pandemic. It came down afterward, to under 3% during Biden’s presidency and with the full set of Russian sanctions in place.

Employers in US did not add much new workers in 02/2025. Unemployment rate went up to 4.1% in 02/2025. They are bright signals that US economy is heading into recessions. US indexes must be RED