President Donald J. Trump has repeatedly asserted that tariffs imposed by the United States are contributing positively to the country's economic strength and wealth. He stated that tariffs are generating trillions of dollars in revenue, benefiting the stock market, general wealth, and the overall economy without causing inflation or other economic problems. Trump emphasized that consumers are not bearing the cost of these tariffs. He also highlighted that inflation has decreased to what he described as a "perfect number," with "hardly any inflation at all," and noted that 401(k) retirement accounts and the stock market are currently soaring. Additionally, Trump referenced a recent discovery of $29 billion in funds linked to tariffs, underscoring the substantial financial impact of tariff revenues. The U.S. Council of Economic Advisers (CEA) chair, Jared Miran, supported the absence of tariff-induced inflation, stating there is no evidence to suggest tariffs have driven inflationary pressures.