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Politics : Formerly About Advanced Micro Devices

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TideGlider
To: Land Shark who wrote (1142089)6/16/2019 2:34:32 PM
From: locogringo1 Recommendation  Read Replies (1) of 1579736
 
OOPS! Educate yourself!


Wall Street Wrong Again – Import Prices
Decline During Full Year of Import Tariffs…

The latest set of statistics from the Bureau of Economic Analysis (BEA) shows all of the professional pundit claims of higher prices on imported goods due to Trump tariffs are simply disconnected from reality. In actuality the year-over-year prices of import products are actually dropping: (Graphic)U.S. Import prices fell 0.3 percent in May, the first monthly decline since a 1.4-percent drop in December. Import prices advanced 1.8 percent from December to April before the downturn in May. The price index for overall imports decreased 1.5 percent over the past 12 months, matching the drop in January. These were

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