Friday, August 29, 2025

Inflation Spike Ahead?

Higher Prices Are Coming for Household Staples
https://www.wsj.com/business/retail/trump-tariffs-higher-prices-forecast-5233d6c4
Companies from Hormel to Ace Hardware are forecasting rising prices as the costs of President Trump’s tariffs are passed on to consumers.
 
A Tariff Loophole on Cheap Imports Has Closed. How Will It Affect Shoppers?
https://www.nytimes.com/2025/08/29/business/trump-tariffs-de-minimis.html
The end of the “de minimis” exemption — which allowed packages less than $800 to enter the U.S. tariff-free — is leading to confusion.