So many talking heads crying TARIFFS will be inflationary,
but it’s mostly uneducated fear-mongering.
Let’s look at the cold, hard USIRYY and CPI data to figure out the truth behind this.
From March 2018 through September 2019, President Trump had eight waves of tariff announcements on C-H-I-N-A, plus some steel and aluminum ones on Mexico and Canada.
In order to combat these inflation worries, Trump did what he said he was going to do…
DRILL BABY DRILL.
For the first time since 1949, the US would be a net exporter of oil.
We can see there was a quick spike in inflation from stockpiling imports before tariffs were fully implemented, but inflation quickly plummeted nearly in half as the US became a net exporter.
Fast-forward to today, and coincidentally inflation is at 2.9% which is right around where it was when Trump imposed the tariffs during his last presidency. Funny how that works out, eh ;)
Trump has declared the US will DRILL BABY DRILL bigger than ever, which should lead us to believe that this time is NOT different and inflation will go down again.
but it’s mostly uneducated fear-mongering.
Let’s look at the cold, hard USIRYY and CPI data to figure out the truth behind this.
From March 2018 through September 2019, President Trump had eight waves of tariff announcements on C-H-I-N-A, plus some steel and aluminum ones on Mexico and Canada.
In order to combat these inflation worries, Trump did what he said he was going to do…
DRILL BABY DRILL.
For the first time since 1949, the US would be a net exporter of oil.
We can see there was a quick spike in inflation from stockpiling imports before tariffs were fully implemented, but inflation quickly plummeted nearly in half as the US became a net exporter.
Fast-forward to today, and coincidentally inflation is at 2.9% which is right around where it was when Trump imposed the tariffs during his last presidency. Funny how that works out, eh ;)
Trump has declared the US will DRILL BABY DRILL bigger than ever, which should lead us to believe that this time is NOT different and inflation will go down again.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。