Expect even higher prices: "After Trump’s April Liberation Day tariffs schedule that shocked the world and set off months of ongoing volatility, importers ate much of the costs associated with tariff-related price hikes, and stockpiled inventory before the additional levies kicked in. Those spring and summer inventories are waning, and businesses are passing down price hikes to consumers more often":
https://talkingpointsmemo.com/fivepoints/five-points-government-shutdown-us-economy-bls-jobs-report
#politics #economy #affordability #inflation copy: @renewedresistance