Tariffs Reduce Inflation?

Some here didn’t read past the first paragraph of the article. Nothing in that says tariffs are good. They say tariffs MAY reduce inflation, in the short term.

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2.92% since tariffs started in April

But prices certainly have changed in 10 years, regardless of what today’s snapshot looks like.

Tariffs will not affect gasoline prices unless they’re directly applied to the product itself. The fact that drilling costs increase because of tariffs has no immediate bearing on the commodity price - ever. What they will do if they remain in place long enough is drive up domestic break-even prices because of the higher drilling costs, which could lead to companies laying down rigs earlier than they would have otherwise.

One thing I know for certain is that today’s ~$60/bbl oil is putting pressure on domestic drillers, which is why you’re seeing layoffs. If it drops below $50 for any extended period of time, that just means that another price spike is coming, because rigs get laid down, offshore projects get shelved, and production will immediately decline.

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Changes made in 2017 damaged the key
aspect of ACA. History.

The individual mandate, a core component of the ACA, required most Americans to have health insurance coverage or face a financial penalty. However, with this repeal, individuals were no longer obligated to pay a penalty for being uninsured , marking a notable shift in healthcare policy.

Tarrifs do increase our prices and cause inflation “if we still have to buy the products “ like bananas, coffee or steel for toasters etc.

Your right if we simply don’t buy and our domestic production replaces the need at a decent price.

Longterm, if we could ramp up domestic production, it could help off set cost some but our workers want higher wages which complicates the issue.

So your maybe right longterm but also in order for a company to invest to do so , the business owner would need to know if this is permanent vs going away with a new president later. Business needs certainty to invest in ramping up. This admin does things daily and retracts daily on tariffs causing uncertainty and I’d be concerned if I own a business banking on longterm.

Tariffs help cause the Great Depression per this.

Longterm, I get they might help us but Americans are short term in that they only care what’s happening this yr or next vs 15 yrs for tariffs to play out.

Your right if we simply stop buying high cost items like coffee etc

My wife just told me something very interesting about grocery prices.

Looking at canned vegetables the price differential between major brands, like DelMonte, and the HEB label is 81% or more.

She is a careful,cost-conscious shopper. She says some items are more than twice as expensive as are the store brands.

Do not know why this is the situation.

So far I don’t see a hiring boom like when in his first term before Covid. Covid changed everything and helped cause the inflation and once prices go up there is no turning back. It’s tough to tame inflation regardless of the admin. I don’t think corporate wages are keeping up although fast food etc have increased their mim wage to keep up. I’m hoping he turns this around bc again I want the best for the economy and don’t care who is running it but I want success. Also tarrifs don’t cause inflation if you stop buying the higher prices that tariffs affect but it’s tough to figure it out bc like coffee , we need coffee etc,

It is what it is so hoping for success , maybe 1 more yr ? Who knows how this ends.

My responses are going to other posters.

How is that? That is not true. Here is why.

  1. We were told we could keep our doctor(s)
  2. We were told we would pay less
  3. What happens when you lie to the customer?
  4. Your customer is now no longer your customer.
    We now pay over 90 to 120% more than before the ACA came on the market.

But you have to acknowledge that today’s ACA is much different from the one that initially went into effect. Those changes fundamentally altered how it works.

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When they stopped making it mandatory, it hurt the risk pool

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That is not the point. From the start it was a lie. Was it a lie or not?
Facts proves that is was and still is a lie.
No wonder why people do not trust p…s.

No, it wasn’t a lie. It doesn’t work NOW because it was kneecapped by subsequent changes. Whether it would have worked long-term can’t be known because of those changes. Those are the facts.

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So you don’t liike lies huh?

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But with the purposeful devaluation of the dollar around 10% this year, inflation’s really almost 13%.

He didn’t say that. :laughing:

It has never worked.
From day one my insurance went 30% over the previous years. Coincidence? I think not. Fast forward to 2025. my insurance has gone up over 120%. Again, coincidence? I think not.

If it’s broken, it could have been fixed. That law has existed for 15 years.

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Yours may have, but I know many people who had a different experience.

The ACA didn’t really go into full effect until 2014, and it resulted in a drastic reduction in the number of uninsured, which was the primary objective. In 2017, the mandate was removed, shrinking the risk pool, which was part of what drove costs up.

I’ve always thought it was a fool’s errand to leave the old health insurance model in place if the objective is to ensure health care is accessible to everyone without increasing costs. The insurance and drug lobby make that impossible.

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The premise used was 52 million uninsured. The plan was that it would blow up and people would want a one payer system.

If they kept it mandatory, it may have happened.