Goods prices are rising after decades of deflation, and Trump’s tariffs will give an added push.
President Trump’s tariffs threaten to amplify a big inflation challenge: Even before the new levies landed, a long run of everyday stuff getting cheaper was coming to a close.
Most prices gradually go up most of the time. But over the 20 years before the pandemic, the basket of physical products that typical shoppers buy didn’t get even a cent more expensive.
