Tariffs are raising prices, surveys show

Tariffs raise prices. It's textbook economics, and we're starting to see it happen now, anecdotally at least. Why it matters: To put it mildly, Americans dislike high inflation. It's politically toxic, as Democrats recently learned. The big picture: Tariffs are happening fast, and they're a moving target. Yesterday's 25% is today's 50%. Increases have yet to show up in the official inflation data. State of play: Surveys and anecdotes about price...