U.S. Inflation After TARIFFS (How Will It Impact Your Finances?)

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President Trump began his second term by adding major tariffs on imports from various countries to address trade imbalances and boost US revenue. Key actions include a 10% base tariff on all imports, higher rates for certain nations like China, and increases on steel and aluminum. These policies are evolving through negotiations.

In this video, tax expert Karlton Dennis explains how tariffs and other recent economic factors have been influencing inflation in 2025. He also explains how companies initially avoided price hikes by importing goods early, but many are now raising costs to cover tariffs, and the impact this is having on inflation.

In addition to revealing key statistics about inflation in 2025 related to Trump’s tariffs, Karlton Dennis also provides tips for how everyday Americans can deal with inflation. These tips are not official investment advice, but just common-sense moves that people can make to cope with inflation in the modern economic climate.

CHAPTERS:
0:00 Intro
0:14 Quick Summary of Trump’s Tariff Actions
1:32 Inflation Data
4:01 So What Will Happen Next?
4:42 What Does This Mean for You?
6:28 The Bottom Line for Tariff-Related Inflation
7:53 Outro

*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.

#trumptariffs #trumptaxbill #trumpadministration