There's 'overwhelming EVIDENCE' tariffs have raised consumer
Ashwini Roopesh
Updated at: 7 hours ago
{"content":"There's 'overwhelming EVIDENCE' tariffs have raised consumer prices, says Bank of America.
For the Bank of America, President Donald Trump's levies have boosted consumer inflation, and there's no uncertainty about that. "We think there's no debate — tariffs have pushed consumer prices higher."
"We're watching pricing daily, and if not hourly, on every key commodity."
"This strategy was evident on my latest shopping trip. When the tariffs were announced in April (when the #Tariffs action started), I tracked the origins of every item I purchased at Costco to see how much of my usual grocery list could be affected. Out of the 23 items I bought in April, at least 12 were imported or contained imported ingredients. I took the same grocery list to  Costco in June and tracked all of the price changes I saw. A few items from my April grocery list had gotten more expensive."
Meanwhile $TRUMP wants to win pending case at SC which will decide that worldwide reciprocal tariffs on emergency and national security factors are legal or not. ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/03/662c75e9db8cd15863de92f6c1f51ff1.png"],"tags":[],"tradingPairs":["TRUMP/USDT"],"quotearticleid":0}