“the Trump administration is now on the defensive with their tariff policies, which are going to raise prices.”

Bernie Sanders says Democrats have 'paid a political price' for not listening to the working class

“Worsening inflation poses a political challenge for Trump, who as a candidate promised to immediately lower costs, but instead has engaged in a whipsawed frenzy of tariffs that have jolted businesses and consumers. [...] “The question is whether there is more to come, and the Fed clearly thinks there is,” along with most economists.”

The tariff-driven inflation that economists feared begins to emerge

“That has left economists and policymakers to wonder how much higher inflation may rise and when it will begin to retreat. How quickly inflation eases is of crucial importance to the White House, which is trying to counteract a groundswell of concern about affordability ahead of this year’s midterm elections.”

U.S. Inflation Eased at Start of the Year

“However, the chorus of concern is growing: Prices are moving higher, and economists say this is just the beginning.”

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

“The prospect of continued price pressures as well as another round of levies set to take effect on Aug. 1 could amplify the tariff impact over the coming months, though the path remains unclear amid Trump's fluctuating policy, analysts said.”

Are tariffs to blame for rising inflation? Experts weigh in

“So I think, in fact, in many ways the Trump administration is now on the defensive with their tariff policies, which are going to raise prices.”

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