So what that means is when you were averaging under the Biden administration, year over year, 5% inflation, we are now in historic norm. So thus far Tariffs have not proven themselves to be inflationary to the overall GDP or basket of goods. and relative to our gdp. So that's important to note. If the Supreme Court strikes the, the tariffs down, then what I just described to you on the math. (03:42–03:50)
CLAIM
Asserts that tariffs have not caused inflation in GDP or goods.
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