Will tarrifs increase the money supply?
Discussion
This is the correct question & path
Inflation can localize in sectors due to human nature. See the housing bubble.
Tariffs will direct some of the existing ongoing inflation into Tariffed sectors and goods.
They will in Canada, Liberals are already contemplating covid like "benefit" payouts for tariff "relief". So Canadian citizens are gonna get drug through the mud in multiple ways.
Not necessarily, but there are many steps between monetary inflation and price inflation. I think tarrifs will hit the gas on many of them.