Trump's Tariffs Push Inflation Higher: 'Trumpists Are Happy To Promote A Straw Man,' Says Paul Krugman
Economist Paul Krugman argues that the recent impact of trade policy on consumer prices is a solved equation, with actual data showing that tariffs have increased U.S. inflation by exactly 0.8 percentage points. The 0.8% Reality Addressing what some have called an economic mystery, Krugman asserts that there “isn't really a puzzle here” regarding why inflation didn't spike further following recent trade hikes. By an…
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