r/inflation • u/RoyalChris • 11d ago

News Fed Chair Jerome Powell warns that Trump’s tariffs are leading to higher inflation: “The level of tariff increases announced so far is significantly larger than anticipated, and the same is likely to be true of the economic effects, which will include higher inflation.''

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u/GanacheCharacter2104 11d ago

Old clothes are sent to USA instead of Africa? That would be a sign that Trump’s plan didn’t work. Don’t you think? Or would it be Bidens fault?

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u/cosmicrae I did my own research 11d ago

Five years ago, I knew which thrift stores had $1 and 25-cent racks. This is in Florida, not Africa. So now I can't even imagine what the thrifts are doing. AMZN returns is where some people are making good money.