This president single-handedly raised tariffs on goods from all over the world.

jameslk 6 hours ago | parent | next [-]

High inflation and large debt preceded the tariffs. That said, the tariffs didn’t help either. That’s why I said largely

Ultimately the president is enabled or constrained by laws enacted by congress

Yes. It is a tax. He raised a tax.

You might argue it is inflationary.

	▲	carefree-bob 2 hours ago \| parent [-]
		By that logic, interest rate hikes should be inflationary. It is highly unusual to argue that taxation is inflationary since the whole point of inflation is to reduce demand.