The findings suggest U.S. consumers will continue to struggle with high prices — something Trump had promised to address in the run-up to his re-election.

The findings suggest U.S. consumers will continue to struggle with high prices — something Trump had promised to address in the run-up to his re-election.

Six months into Donald Trump’s unprecedented gambit to impose sizable tariffs on imports, U.S. consumers are already shouldering as much as 55% of their costs, according to a new report from Goldman Sachs analysts.

And with new tariffs likely on the way, the cost burden could rise even higher, they said.

The findings, released Sunday, suggest U.S. consumers will continue to struggle with high prices — something Trump had promised to address in the run-up to his re-election. While inflation rates have come down from the post-Covid peak, they have remained stuck above levels economists consider healthy, causing consumers and businesses alike to continue to report feeling burdened by price increases.

    • freddydunningkruger@lemmy.world
      24·
      1 day ago

      Thanks for answering the real question as to why the Left is so politically ineffective. You are either too lazy or too defeatist to bother making your voice heard. Oh, except in these message boards where you cry about how nobody enacts the policies you want, when you dont even bother showing your representatives you support them.

      Good luck in life.

      • frog_meister@lemmings.world
        36·
        1 day ago

        It’s because they’d rather have fascism than communism, so that’s what we all get.

        If you think representatives care about anything more than money, you might be a useful idiot.

        • freddydunningkruger@lemmy.world
          23·
          1 day ago

          Viva your basement revolution, Che Guevara. Talk about useful idiots, I’d bet good money you’ve barely cracked a history book in your life.

          Also, do you think Bernie is a communist because he honeymooned in the Soviet Union? Brother, are you ever gonna be disappointed…

            • freddydunningkruger@lemmy.world
              32·
              1 day ago

              That’s the best you can do to counter my points? Reallllly?? Shit man, I hope the Left has better minds than yours in the bullpen somewhere, or the Republicans might actually get their Fourth Reich. You are about the saddest example of a Bernie Bro I’ve ever seen.

              Makes me wonder if you are actually a right-wing troll posting to make the Left look bad? Very possible.