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Tariffs and Inflation Explained
Discover the truth behind tariffs and inflation in this clear, concise explainer! A recent report from the Council of Economic Advisers (CEA) reveals that tariffs are not driving the current inflation surge. In fact, prices of imported goods have dropped by 0.8% over the past year, while the overall goods prices remained steady. The Personal Consumption Expenditures (PCE) index rose only modestly by 0.4%, with the imported portion declining slightly by 0.1%. Since March 2025, imported prices have been decreasing, debunking the myth that tariffs are to blame. Backed by authoritative data and analysis, this video breaks down what’s really influencing inflation today. Like and share if you find these insights valuable! #InflationExplained #Tariffs #Economics #CEAReport
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