A recent report from the White House confirms that President Donald Trump's tariff measures have not led to inflation, as shown by data from the Council of Economic Advisers.
CEA Report Findings
According to CEA data, import prices decreased by 0.1% from December 2024 to May 2025. President Trump stated that these findings validate his earlier predictions about tariffs and their economic impact.
Reactions to Import Price Declines
The decline in import prices amidst existing tariffs has generated mixed reactions. Trump reiterated confidence in his trade policies, while critics indicate that wider effects may be nuanced and may manifest over a longer period.
Market Data and Insights
Historical data shows parallels in past tariff impacts. CoinMarketCap reports Bitcoin (BTC) currently trades at $108,719.30, reflecting significant growth of 30.50% over the last 90 days.
Thus, despite the decline in import prices and the endorsement of tariff policies, the economic implications remain a topic of discussion among experts. Market participants are closely monitoring potential shifts in tariff policies and Federal Reserve decisions.