{"id":59778,"date":"2025-06-12T09:50:16","date_gmt":"2025-06-12T13:50:16","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=59778"},"modified":"2025-06-12T09:50:16","modified_gmt":"2025-06-12T13:50:16","slug":"the-impact-of-the-tariffs-2","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=59778","title":{"rendered":"The Impact Of The Tariffs"},"content":{"rendered":"

On Wednesday, The American Thinker<\/a> posted an article about the tariffs President Trump has put in place since he took office.<\/p>\n

The article reports:<\/p>\n

Far from igniting the inflationary firestorm predicted by his critics, Trump\u2019s sweeping tariffs \u2014 including a 10% universal import duty and targeted hikes on 90 nations \u2014 have coincided<\/a> with the lowest inflation rate since early 2021<\/em>.<\/strong><\/p>\n

In a striking reversal of the narrative pushed by many economists, The Economist<\/em>\u2014a publication not known for its support of Trump\u2019s policies \u2014 published a June 5 article acknowledging the muted inflationary effect of the tariff wave. The magazine pointed to hard data: in April, year-over-year inflation cooled to just 2.3%, far below the 0.8-point spike predicted by a University of Chicago survey of 48 economists.<\/strong><\/p>\n

Instead of tariff-fueled price hikes, the Bureau of Labor Statistics showed that prices for heavily impacted goods like clothing and new cars actually declined.<\/strong><\/p>\n

Car prices dropped by 0.5% from March to April, despite 25% tariffs on auto imports going into effect on April 3. Clothing prices remained flat through March \u2014 even as progressive economists sounded alarms. Far from passing on costs, many retailers and foreign producers appeared to absorb them, underscoring the competitive nature of global commerce in a post-pandemic landscape.<\/strong><\/p>\n

Even groceries \u2014 arguably the most politically sensitive prices of all \u2014\u00a0held<\/a> steady through May, despite new duties on Canadian produce and other perishables. Consumers, in short, weren\u2019t being punished at the checkout line.<\/strong><\/p>\n

Of course, none of this was supposed to happen.<\/strong><\/p>\n

The article concludes:<\/p>\n

As the trade deficit narrows and the factory floors hum a little louder, it\u2019s increasingly clear: this was no reckless gamble. It was strategy. And it\u2019s working.<\/strong><\/p>\n

While some still mutter darkly about future price spikes, the facts on the ground are sobering \u2014 and for Trump\u2019s critics, humbling. Inflation remains tame, shelves are stocked, and voters aren\u2019t paying more to put dinner on the table. The tariffs are not only holding; they\u2019re delivering.<\/strong><\/p>\n

This is what happens when a businessman instead of a politician becomes President. Can you imagine how much celebrating there would be in newsrooms if a Democrat had accomplished even half of what President Trump has accomplished? I am hoping that as Americans begin to realize the economic gifts they have received in the past six months, they will at least vote to keep control of Congress in the hands of the Republicans. That is the only way this success will continue.<\/p>\n","protected":false},"excerpt":{"rendered":"

On Wednesday, The American Thinker posted an article about the tariffs President Trump has put in place since he took office. The article reports: Far from igniting the inflationary firestorm predicted by his critics, Trump\u2019s sweeping tariffs \u2014 including a … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[11744,17347,10589,11239,15255],"class_list":["post-59778","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-american-tariffs","tag-inflation-rate","tag-president-trump","tag-the-american-thinker","tag-u-s-trade-deficit"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/59778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59778"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/59778\/revisions"}],"predecessor-version":[{"id":59779,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/59778\/revisions\/59779"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}