Controversy
Status:Open
Will the Proposed Trump Tariffs Increase the Price of Groceries/Goods/Services?
UNLIKELYLIKELY
Claims
Jean-Baptiste Wautier"Tariffs would disrupt supply chains and increase production costs."Jan 23, 2025
The Economist"[T]here is at least a danger that a one-off [tariff] shock would set off an upwards spiral of prices and wages."Jan 23, 2025
Robert Handfield"The minute those tariffs are put into place, you would probably see car dealers raise their prices."Dec 01, 2024
Scott Harris"We're going to see prices on all kinds of goods that people don't realize come from somewhere else go through the roof."Nov 27, 2024
Nick Marro"If we take Trump's threats at face value, then it means come January 20, we will see prices rise immediately."Nov 29, 2024
Monica Morlacco"Consumer prices will always go up by any reasonable analysis of tariffs."Oct 22, 2024
Alexandria Ocasio-Cortez"Trump is about to make every American pay even more for coffee."Jan 27, 2025
Michael SnipesThe tariffs will "increase prices for everything that's imported, and that includes food."Dec 04, 2024
Peterson Institute for International Economics"Consumers would also see prices rise on electrical devices, toys, vegetable and meat products, and other goods from China."Jan 27, 2025
Felix Tintelnot"We can expect larger price effects this time because many more goods are facing across-the-board tariffs."Nov 20, 2024
Mary Lovely"Consumers are going to be at a burden, but it may take some time for them to feel it, like a slow drip."Nov 15, 2024
National Retail Federation"Consumers will pay higher prices for both discretionary and non-discretionary products and services."Nov 28, 2024
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