28 upvotes, 2 direct replies (showing 2)
View submission: Report any huge price jumps here.
Because, like other commenter's said, you can't tie price increases under biden to specific policy he implemented with a concrete start date.
This isn't the case here. Tariffs were signed on Saturday and take effect Tuesday. Any price increases we see this week can directly be attributed to the tariff plans trump put in place.
Comment by rossmosh85 at 03/02/2025 at 15:10 UTC
14 upvotes, 2 direct replies
I hate Trump and his economic policies, but to be clear, any price increases are essentially predatory.
The goods you buy today was bought weeks/months ago, before any tariffs. So they're charging you more before they've imported a single thing.
With that said, I run a business and all month I've gotten 10-25% price increases on goods and services. Not everything, but a lot of things. So the price increases you see are actually just the start. They don't even really take tariffs into consideration yet.
Comment by 432hertz11 at 03/02/2025 at 20:20 UTC*
2 upvotes, 1 direct replies
There’s a 0 percent chance the guy you’re responding to is going to understand this lol.