"Right now, the U.S. economy has a lot in common with Wile E. Coyote.
Like the hapless Looney Tunes predator, Donald Trump’s economy went charging off a cliff after his April 2 'Liberation Day' tariffs, which—despite endless tweaks, revisions, abrupt extensions, and equally abrupt reversals—are gradually settling into a new status quo in which the costs of global trade are far higher than before."
~ A. Egger
#Trump #economy #tariffs #inflation #prices #groceries
/5
https://www.thebulwark.com/p/trump-tariff-pain-knocking-at-your-door