Silk Summary:
Much to the dismay of democrats, prices that have increased are not the result of the tariffs that were instituted!
Businesses have cushioned some of what they paid in extra costs and absorbed themselves and at the end of the year, they will have a benefit.
But in essence, the rates won’t be higher as a lot of importers put their goods in warehouses in trades zones with lower rates!
When all is said and done, Americans WILL reap the benefits of what Trump has done and it will last generations!
MoneyWatch The Trump tariffs aren’t causing U.S. prices to spike. Here’s why.