Businesses are raising prices after tariffs — even on unaffected goods

mark46 · Tuesday at 11:45 AM

essentialsaltes said:
Inflation is down, but that's the rate at which prices are increasing. Prices are still going up (on average). To go down, the inflation rate would have to be negative.

Please show us that inflation is down. I think that inflation rates are up from 2024 and from what we have been used to since the recession except for the year after the oandemic.

The Fed had a goal of 2% for a couple of decades. They are now concerned as inflation has passed 3% and will likely hit 4% next year. That isn't terrible. However, it will need to focus on developing a new target that is best for the US. Trump's new system may work, but because of the national sales tax on imports, the overall inflation target will likely move to 3% or so. Companies and households can learn to adapt to that rate or even 4%.
========
AN OPEN QUESTION
is how Trump will deal with national debt and deficits. Also, each state must confront increased costs that have been shifted from the federal government to them. The richer states will cope. The poorer ones will be much more challenged. For example, hospitals and clinics will likely not close in states on the coasts, but morely likely in more rural states.

Say it aint so · Tuesday at 12:02 PM

mark46 said:
AN OPEN QUESTION
is how Trump will deal with national debt and deficits. Also, each state must confront increased costs that have been shifted from the federal government to them. The richer states will cope. The poorer ones will be much more challenged. For example, hospitals and clinics will likely not close in states on the coasts, but morely likely in more rural states.

We seen this movie before.
The Big Beautiful Bill is a larger version of "What's the matter with Kansas" Sam Brownback style.
And yes, some rural hospitals already struggling are indeed closing.

Say it aint so · Tuesday at 12:52 PM

Key Inflation Gauge Sped Up in July as Companies Grappled With Tariffs

July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.

Those stripped out food and energy costs you ask?

Food prices

From June 2024 to June 2025, groceries got more expensive in every category tracked by the Bureau of Labor Statistics: meats, poultry, fish and eggs rose in price by 5.6% (egg prices alone rose 27.3%); nonalcoholic beverages are 4.4% more expensive; fruits and vegetables rose in price by 0.7%; and both cereals and bakery products and the index for dairy products rose 0.9%.

Energy price?

Electricity prices are rising quickly for U.S. households, even as overall inflation has cooled. Electricity prices rose 4.5% in the past year, according to the consumer price index for May 2025 — nearly double the inflation rate for all goods and services. The U.S. Energy Information Administration estimated in May that retail electricity prices would outpace inflation through 2026. Prices have already risen faster than the broad inflation rate since 2022, it said.

essentialsaltes · Tuesday at 1:38 PM

mark46 said:
Please show us that inflation is down. I think that inflation rates are up from 2024 and from what we have been used to since the recession except for the year after the oandemic.

Core inflation just ticked up for July in the news this morning, but overall the trend has been downward over the past couple years, and 'flattish' over the past year or so. Yes, it remains higher than what we had pre-pandemic. So I wouldn't say inflation was good, but it's come down off its highs. My comment was more directed to the idea that because inflation was down, that meant prices were down. Prices are still rising as long as inflation is positive.

BNR32FAN · Tuesday at 1:45 PM

Say it aint so said:
Businesses say they're raising prices on goods unaffected by tariffs, according to surveys and anecdotes released by the Federal Reserve on Wednesday.

Why it matters: This could be a sign that price hikes might be more widespread than expected, with concerns that some companies might use tariffs as cover to unnecessarily raise costs.

How it works: About 110 manufacturers and more than 200 service firms in the New York and New Jersey area were surveyed during the first week of May.

That's before tariffs on China were reduced from 145% to 30%, and before the boomerang court decisions that invalidated the tariffs before temporarily reinstating them.

90% of manufacturers, and three-quarters of service firms, said they import some goods, and are exposed to higher tariffs.

By the numbers: About three-quarters of firms said they were fully or somewhat passing along tariff increases to customers.

About half of companies reported a decrease in their bottom line due to tariffs. Some have reduced headcount.

"A significant share" said they raised prices of goods and services unaffected by tariffs — a way to spread higher costs across inventory, or to take advantage of their customers' expectations that prices are rising --AXIOS

Keep in mind this is the same thing that actually happened the first Trump trade war.
Businesses, and yes those non tariff made in America businesses will not forgo an opportunity to raise prices in a tariff environment.

I keep hearing that prices are going to increase but I haven’t actually seen it yet.

Say it aint so · Tuesday at 2:00 PM

BNR32FAN said:
I keep hearing that prices are going to increase but I haven’t actually seen it yet.

Post #43

BNR32FAN · Tuesday at 2:04 PM

SavedByGrace3 said:
Two months later, they are down even more. I am not going to be brainwashed into thinking or saying they are higher just because of some manufactured and biased "larger, more reliable data." The only reliable data is the receipt I have in my hand. I am fortunate that I know and understand that personal experience is the only thing that really matters to me. Believe the leftist propaganda if you choose, but I am going to enjoy the reality of my personal experience!
"Say it ain't so" all you want!

Ya know, it’s funny because when I look at my Amazon purchases from 2024 and I check that price today they’re actually either the same or lower. Lacidoll humidifier bought last year is $8 cheaper today. The aftermarket Dyson air filters I bought last year are $3 cheaper. I’m not seeing any price increases either.

BNR32FAN · Tuesday at 2:05 PM

Say it aint so said:
Key Inflation Gauge Sped Up in July as Companies Grappled With Tariffs
July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.

Those stripped out food and energy costs you ask?

Food prices
From June 2024 to June 2025, groceries got more expensive in every category tracked by the Bureau of Labor Statistics: meats, poultry, fish and eggs rose in price by 5.6% (egg prices alone rose 27.3%); nonalcoholic beverages are 4.4% more expensive; fruits and vegetables rose in price by 0.7%; and both cereals and bakery products and the index for dairy products rose 0.9%.
Energy price?
Electricity prices are rising quickly for U.S. households, even as overall inflation has cooled. Electricity prices rose 4.5% in the past year, according to the consumer price index for May 2025 — nearly double the inflation rate for all goods and services. The U.S. Energy Information Administration estimated in May that retail electricity prices would outpace inflation through 2026. Prices have already risen faster than the broad inflation rate since 2022, it said.

Yep they do that every year. It’s called inflation. Happens every single year.

loveofourlord · Tuesday at 3:07 PM

Say it aint so said:
I think we agree. Trump's actions will and "is" driving up costs and those in business never one to miss a profit opportunity will raise prices right along with them even though their products are not subject to tariffs.

plus probably never going down, or not as much, I remember people complaining about prices under biden, even though the economy was doing better by the end because the stores had no incentive to drop prices.
Though funny enough some stuff WILL be cheaper, like lobster because you uised to sell it to other countries that won't buy right now.

loveofourlord · Tuesday at 3:11 PM

BNR32FAN said:
I keep hearing that prices are going to increase but I haven’t actually seen it yet.

again one word TACO, trumps always balks before or just as prices and things start to go up. Funny enough trump pretty much cancled the chinese tariffs JUST at the deadline for prices to go up.

Businesses are raising prices after tariffs — even on unaffected goods

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Key Inflation Gauge Sped Up in July as Companies Grappled With Tariffs​

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Key Inflation Gauge Sped Up in July as Companies Grappled With Tariffs​

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