Nasir Uddin:
#tariffpause:
Small businesses, manufacturers, and everyday consumers are all feeling the pressure of rising costs. One major contributor? Tariffs. These taxes on imported goods were meant to level the playing field, but in reality, they’ve become a hidden tax on American families and businesses. It's time for a serious rethink.
That’s why we're calling for a #TariffPause — a temporary halt to certain tariffs that are driving up prices and stifling growth.
A tariff pause isn’t about abandoning trade enforcement or giving up leverage. It’s about being smart, strategic, and responsive to the real economic pain people are experiencing. Supply chains are still recovering, inflation continues to squeeze budgets, and many industries are struggling to stay competitive. Pausing tariffs, even temporarily, would give them much-needed relief — helping to lower prices, boost production, and create jobs right here at home.
Now more than ever, we need policies that put people first. Let’s give American businesses a fighting chance and make life a little more affordable for working families. It’s time to press pause, reassess, and move forward with a trade policy that works for everyone.
Join the call. Spread the word. Demand a #TariffPause.
#CPI&JoblessClaimsWatch:
#CPI&JoblessClaimsWatch: This week brought two key data points that continue to shape the economic outlook—Consumer Price Index (CPI) and jobless claims.
The latest CPI report showed inflation ticking slightly higher than expected, fueled by persistent increases in housing and energy costs. Core inflation, which strips out food and energy, remains sticky, suggesting that price pressures haven’t fully eased despite the Fed's aggressive tightening. Year-over-year, headline CPI rose 3.5%, reigniting questions about whether the Fed can cut rates anytime soon.
On the labor side, weekly jobless claims came in slightly above forecasts, hinting at some softening in the labor market. Initial claims rose to 225,000, a marginal uptick that could reflect ongoing layoffs in sectors like tech and finance. However, the overall job market remains resilient, with unemployment still near historic lows.
This combination—a still-hot CPI alongside slightly higher jobless claims—puts the Fed in a challenging position. The data suggests a delicate balance: inflation isn’t yet under full control, but cracks in the labor market are starting to show. Markets responded with volatility, pricing in a more cautious Fed with fewer cuts on the horizon.
Stay tuned. The data may seem mixed, but its implications are very real for policy, markets, and everyday Americans.