What is the time frame for Trump’s tariffs leading to price increases?

Fox Business cited CEI’s expert on a timeline for price increases post-tariffs

Ryan Young, senior economist at the Competitive Enterprise Institute, told FOX Business that he expects it will be “about six weeks” before price increases due to tariffs start impacting inflation data.

“Assuming Trump goes through with the auto and reciprocal tariffs in early April, prices should go up right away for many goods. That will then show up in April’s CPI and PCE releases,” which are due to be released in May, he said.

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