The US Bureau of Labor of Statistics will be releasing its June inflation data this Tuesday, with economists forecasting a slight uptick in consumer prices because of the impact of tariffs. FRANCE 24 spoke to Nela Richardson, Chief Economist at ADP, about the impact of import duties on US inflation. Also in this edition: the French government considers a spending freeze in a bid to find €40 billion in savings and cut the deficit.
It will add to inflation domestically. Because it’s a tax on US consumers. An illegal one. Never voted on.
The country voted for it on November 5th, 2024. It’s not like Trump was being subtle about his intention to impose tariffs broadly. Being woefully uneducated about the effects of Trump’s tariffs is no excuse, the majority of
AmericansAmerican voters wanted this.We are a deeply stupid country. No denying that. We still dont have universal healthcare. And we elected a failed gameshow host. Twice.
But you’d think after the first round was a complete failure that he’d find a new project. That shouldn’t surprise me tho. Guess now it’s just a money making scheme. Insider trading.