Tariff Bite Is Coming for Consumers

“The Trump administration is touting record Black Friday shopping as a sign the president’s tariffs haven’t hurt the economy the way some predicted,” Politico reports.

“Economists and businesses say: Just wait.”

“Retail giants have proven more adept than expected at cushioning the blow of President Donald Trump’s steep tariff hikes over the spring and summer, keeping prices for consumer goods from surging this year by as much as many economists anticipated. But business executives and corporate analysts are warning they can’t do that forever.”