Trump Officials Say Tax Cuts Will Offset Tariffs

“Trump administration economic officials had mixed message for consumers Sunday: Tariffs won’t raise prices, but even if they do you’ll be fine when we cut taxes,” Axios reports.

“The administration is gambling an increasingly unhappy consumer will eat a few months of worsening conditions for the promise of something better down the road.”

“Sentiment is plunging across the board — not just consumers, but also small businesses and some big ones too.”