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Have you heard that tariffs wll drive prices up? Me too. There's a good reason we're hearing a lot of talk about tariffs prices: tariffs are a tax that is ultimately paid by consumers. Trump plans to raise $6t in tariffs, making them the largest tax increase in US history:

https://ohiocapitaljournal.com/2025/04/03/as-trump-throws-the-world-economy-into-chaos-with-his-tariff-trade-war-heres-what-ohio-can-expect/

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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2025/04/21/trumpflation/#andrew-ferguson

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