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Inflation was coming down in the United States—and then Trump’s tariffs happened.
Inflation in the United States had been on a downward trajectory following its post-pandemic peak, but the implementation of tariffs under President Trump introduced new upward pressure on consumer pr
Inflation in the United States had been on a downward trajectory following its post-pandemic peak, but the implementation of tariffs under President Trump introduced new upward pressure on consumer prices. Tariffs function as taxes on imported goods, raising costs for businesses and consumers and contributing to inflationary effects. The post, shared by Yann LeCun, highlights concerns that trade policy decisions disrupted progress toward price stability and the Federal Reserve's inflation targets.
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Source: Yann LeCun (X) | 2026-04-14