Economist Warns Inflation May Rise Again, Citing Tariffs as a Key Factor

After years of battling high inflation, American consumers may be facing another wave of rising prices. Creighton University Economist Dr. Ernie Goss links the recent uptick in inflation to tariffs on foreign goods imposed during the Trump Administration

By Christal Blue May 6, 2025 11:37 am

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PIERRE, S.D. (MITCHELLNOW) The American consumer has been battered by high inflation for several years, and now there are signs it may be returning. Creighton University Economist Dr. Ernie Goss says prices are moving higher, thanks in part to tariffs placed on foreign goods by the Trump Administration. Despite pressures, many observers say the tariffs are needed to restore balance in international trade, especially with China. For more Government stories from MitchellNow.com, Click Here.

Lifestyle

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Government

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Crime

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Government

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Government

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