Global Feed Post Login
Replying to Avatar TFTC

Jerome Powell: "We're now collecting a good bit of revenue, 3 or 400 billion dollars a year pace [from tariffs]."

"Who's paying that? So far, it looks like it's the middle group, retailers and importers, they're not passing along to consumers that much of the cost."

"The actual impacts on inflation have been quite modest so far. It's a small amount."

https://cascdr-chads-stay-winning.nyc3.digitaloceanspaces.com/jamie-pro/226249/uploads/1758664036528-snaptik-1970596344596439503-0.mp4

Shared via https://pullthatupjamie.ai

Avatar
Thirteen 3mo ago

Instead, they are offsetting it by firing employees.

Reply to this note

Please Login to reply.

Discussion

No replies yet.