Obviously Trump was always going to impose tariffs, because he doesn't understand how they work and he loves them desperately. But it's still remarkable that a guy who was elected in large part because people were upset about high prices has worked so hard to make prices higher. https://t.co/Jxd8H6CL4X
Walmart, $WMT, hikes prices amid Trump tariffs, with some items see double-digit increases, per CNBC.
Trump’s economic chaos is giving companies cover to raise prices unnecessarily and squeeze working families. I’ve introduced a bill that will crack down on price gouging and stand up for families against corporate abuse. https://t.co/k2oCNTyp5I
Since taking office, President Donald Trump's tariff policies have been criticized by multiple Democratic lawmakers for increasing prices on consumer goods and raising the cost of living for American families. Despite Trump's campaign promises to lower costs from Day One, tariffs imposed under his administration have led to higher prices on food, clothing, appliances, gas, and other essentials. Lawmakers argue that these tariffs act as a hidden tax that hurts small businesses, alienates trading partners, and benefits foreign competitors like China. Additionally, a recently passed legislative measure referred to as the "Big Ugly Bill" or "Big Bonanza Bill" is expected to further increase costs for healthcare, utilities, and groceries, exacerbating financial pressures on working and middle-class Americans. Democrats have pledged to oppose these policies and work toward making living expenses more affordable for American families.