For years, the so-called “experts” and corporate media screamed that President Trump’s bold tariffs would send prices skyrocketing and fuel out-of-control inflation. They fear-mongered that Trump’s America First trade policies would cripple the economy.
But a new report from the Council of Economic Advisers (CEA) led by Chairman Stephen Miran has put those false narratives to rest once and for all.
“The results clearly show the price of imported components declining, starting in March, while overall prices were close to unchanged or increased slightly,” the CEA report states.
In plain English: Tariffs are NOT driving inflation. In fact, import prices are dropping faster than overall goods prices as President Trump’s second-term tariffs take effect, while factories, jobs, and trillions in investment flood back into the United States.
Import Prices Dropping, America Booming
According to the CEA, imported goods prices dipped 0.1% between December and May, while overall goods prices rose by 0.4% over the same period.

That means the Trump tariffs are not only NOT causing inflation, they are helping correct trade imbalances without hurting American families at the checkout line.
Even the Consumer Price Index (CPI) confirms this trend, showing imported goods prices dropped 0.8% while overall prices remained flat.
“CEA’s directional findings… are consistent across core goods, durables, and nondurables,” the report states, confirming that the tariffs are having zero negative impact on inflation across the board.
Trump’s Economic Vision Wins Again
President Trump, never one to miss the moment, posted on TruthSocial:
“Tariffs have had ZERO IMPACT on Inflation. Import Prices are actually DROPPING, just like I always said they would. The Fake News and so-called ‘Experts’ were wrong again.”
Trump isn’t just taking a victory lap—he’s reminding America that his policies work. Under his watch, the U.S. is seeing more new factories, American jobs, and investment pouring in, while controlling inflation responsibly.

Chairman Stephen Miran and the CEA’s findings directly validate Trump’s promise: Tariffs can be used as a strategic weapon to protect American industries and workers without crushing the American consumer.
Why It Matters
The Biden-era fearmongering over tariffs has officially collapsed. The establishment’s claim that “tariffs will kill the middle class” is exposed as just another globalist talking point meant to scare Americans away from policies that put America First.
President Trump has proven:
✅ Tariffs can strengthen domestic manufacturing.
✅ Tariffs can correct unfair trade without sparking inflation.
✅ America can protect its industries while keeping costs stable for families.
Meanwhile, the Federal Reserve has no more excuses to keep rates high, crushing families with expensive credit cards and mortgages.
“CUT INTEREST RATES JEROME — NOW IS THE TIME!” Trump posted, calling out Jerome Powell’s outdated panic over “non-existent inflation.”

The Bottom Line
President Trump’s second term is delivering real results:
🇺🇸 New factories.
🇺🇸 Good-paying jobs.
🇺🇸 Trillions in investment.
🇺🇸 Controlled inflation.
🇺🇸 A booming America First economy.
The Council of Economic Advisers just confirmed what Trump supporters already knew: President Trump was right, the experts were wrong, and America wins with strong, fearless leadership.
✅ Who’s with President Trump on this?
- Should we keep using smart tariffs to protect American workers?
- Should Jerome Powell finally cut rates now that inflation fears are gone?
- Should Trump keep putting America First, no matter what the elites say?
Discussion
Sure, prices on imports might drop, but that’s not the full picture. The tariffs still hit American manufacturers who rely on those imports to make goods here, leading to price hikes for us. It's time we look at long-term consequences, not just temporary shifts.
Trump showed 'em again! The fake news can't handle that his tariffs ain't hurting us like they screamed about. USA is booming with new jobs and factories, and the left just keeps lookin' silly. Trump proving once more he's got America's back. MAGA!
Trump's tariffs proving the haters wrong, AGAIN! Despite all the fake news and phony experts telling us it would ruin the economy, numbers don't lie—prices dropping and jobs are back. MAGA always knew he had the right plan, they just can't admit it!