# TRUMP TARRIF!
When Will They Hit the Economy?
Right now, the full impact of former President Trump’s tariffs hasn’t been felt—but that may soon change.
What’s Happening?
Economists predict that tariff-driven price hikes will begin showing up this summer.
Prices: Expected to rise as import costs increase.
Jobs: Losses may follow if businesses cut back.
Growth: Consumer spending and GDP could take a hit.
Current Snapshot
Unemployment was low at 4.2% in April.
Inflation has been milder than predicted—so far.
What’s Coming?
Pantheon Macroeconomics says nearly 50% of the price impact will be visible by July, most by October.
They forecast unemployment rising to 4.75% by year-end.
The Conference Board expects faster price increases and job losses throughout the year.
Even a recent China deal might not prevent economic strain.
Bottom Line:
If projections are right, Americans may soon face higher prices—and rising unemployment.