Tariffs continue to drive up consumer prices one year after Liberation Day, experts say
By
Zoe Malin
The kind of bagel that ruins lesser bagels for you.
Summary
A year after President Donald Trump imposed increased tariffs on almost all U.S. trading partners (Liberation Day), consumer prices remain high. The article examines how tariffs continue to impact wallets through higher gas and grocery prices, inflation, and interest rates. Experts including economists and supply chain professionals explain the current tariff landscape, other factors driving price hikes, and practical tips for consumers to save money where possible.
Key quotes
· 3 pulledWith gas and grocery prices as high as they currently are, inflation skyrocketing and interest rates hovering above average, I'm sure tariffs are the last thing you want to hear about… again.
It's been about a year since President Donald Trump imposed increased duties on almost all U.S. trading partners and across certain industries, and policies have changed a lot.
One thing that hasn't changed? Tariffs impacting your wallet.
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