Are Tariffs Really Inflationary?
2025-07-12 00:30:00 ET
By Bryan Cutsinger
The Trump administration’s Liberation Day tariffs were set to fully kick in on July 9, but the new duties on imported goods have been given another pause until August 1. While uncertainty looms large over trade policy, so too do a pair of fundamental economic questions: Are tariffs inflationary? And should the Fed do anything about it?...
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