Trump’s Tariffs: Economic Security or Inflation Bomb?

Trump’s latest tariffs on Canada, Mexico, and China are meant to protect American industry, but they’re already spooking investors and raising prices. Treasury Secretary Scott Bessent insists economic security is more important than access to cheap goods, but tell that to Americans struggling with inflation.

When tariffs hit, companies don’t just absorb the costs—they pass them straight to consumers. That means higher prices at the grocery store, on electronics, and even on cars. Meanwhile, businesses that rely on imported goods are left scrambling, either cutting jobs or raising prices to stay afloat.

Markets don’t like unpredictability, and Trump’s erratic trade policies are injecting fresh uncertainty into an already fragile economy. If the goal is to strengthen America’s economic position, hiking consumer prices and rattling industries may not be the best strategy. The only real winners here might be the companies that use this as an excuse to squeeze even more profit out of struggling consumers.