Quotes
It is going to affect everything in the economy,
said Josh Stillwagon, an associate professor of economics and chair of the Economics Division at Babson College
If there are things that you’re buying on a consistent basis — week to week, month to month — I think it’s not a bad idea to try to stock up in advance,
Stillwagon saidIt’s not just the price aspect and purchasing power decreasing,
said Flores-Macías
It just shows the disconnect from this President and what we’re seeing with these tariffs.”
Schumer addedConsumers can prepare for the inflation that the tariffs are likely to exacerbate by getting into the habit of checking the unit price of items on the grocery shelf,
said BreyaultAnnual losses for households at the bottom of the income distribution are estimated to be $980 under the April 2 policy alone,
according to John Breyault, vice president of public policy, telecom and fraud at the National Consumers League, who cited an analysis from the Budget Lab at YaleI guess you could switch to Coca-Cola if all you want is the caffeine,
she said, lightly
Tariffs on our longstanding trade partners, many of whom have committed billions in direct investment into U.S. factories, introduces uncertainty and risk into an industry that is creating jobs and bringing new economic opportunities to communities across the country,
Gore saidThis is not a hurricane that’s going to be around for seven days and everything goes back to normal afterward. And you stock up on toilet paper (temporarily),
said ChatterjeeThe scope of this decision and ways to mitigate its impact are being analyzed, including efforts to exclude Panama from its application,
Panama’s government said in a statementIf you do plan stock up on consumables, make sure you have a plan on how to store them properly so you don’t end up having to throw out that 20-pound bag of shrimp, for example, in a few weeks,
said BreyaultWhile we’re here doing all of this, it’s my understanding that Donald Trump’s out at a golf course,
Schumer told reporters as he said he and other Democrats will force a vote on an amendment to rescind certain tariffsIt was another highly successful week for the American people as President Donald J. Trump continues his relentless pursuit of strength, prosperity, and peace — and lays the foundation for America to be the global powerhouse for generations to come,
the White House said in a statementThat tax is more severe for people who earn less money,
said ChatterjeeBut if/when layoffs pick up the pain will spread,
Berger wroteIt’s just too uncertain,
said Pachter, managing director of equity research for WedbushNow I don’t know if he’s playing today or if he’s caddying for somebody,
the New York lawmaker saidI completely reject the idea that what Trump is pursuing is anything like abundance."
He addedIt’s been tough to be in your early 20s with a BA, much less hard to be an older college educated worker secure in your job,
said Guy Berger, director of economic research at Burning Glass Institute, a labor-focused research firm, in a post on X FridayA real worry here is that this won’t just be a one-time price jump,
he said