“A new Study by the Council of Economic Advisers (CEA), led by Highly Respected Chair, Dr. Stephen Miran, has found that Tariffs have had ZERO IMPACT on Inflation. In fact, the Study shows that Import Prices are actually DROPPING, just like I always said they would. The Fake News and the so-called Experts were wrong again. Tariffs are making our Country BOOM. Many new Factories, Jobs, and TRILLIONS OF DOLLARS in Investments are pouring into the U.S.A. Someone should show this new Study to Too Late Jerome Powell, who has been whining like a baby about non-existent Inflation for months, and refusing to do the right thing. CUT INTEREST RATES JEROME — NOW IS THE TIME!” @realDonaldTrump
Fact-Check Summary The central claim is that a recent Council of Economic Advisers (CEA) study proves tariffs have “zero impact on inflation,” with import prices falling and the economy booming. Fact-checking the CEA report reveals: it does show import prices fell from December 2024 to May 2025 and found no acceleration in inflation attributable to […]