How much will tariffs raise prices? Trump's economists just revealed their answer

The administration revealed how they calculated the tariffs. Buried in that math is a straightforward answer to a question Trump has long refused to answer: How much will his tariffs raise prices?

Apr 3, 2025 - 21:18
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How much will tariffs raise prices? Trump's economists just revealed their answer
President Trump holds a chart as he delivers remarks on reciprocal tariffs.

The administration revealed how they calculated the tariffs. Buried in that math is a straightforward answer to a question Trump has long refused to answer: How much will his tariffs raise prices?

(Image credit: Brendan Smialowski)