We also know there's going to be some people who are going to try to make it a tariff story. But if you peer beneath the hood of the numbers, There's nothing in [the PPI numbers] to suggest that tariffs were responsible for a number that was above estimates. So this is clearly a case where you just watch the data now and you watch it really carefully. And as the boss says, let's see what happens. All right. (14:32–14:43)
CLAIM
Asserts that tariffs did not cause the PPI numbers to exceed estimates.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
