Part 5/11:
This stability seems to undermine skeptics who predicted that tariffs imposed during Donald Trump’s presidency would lead to inflationary chaos. Critics expected a spike reminiscent of the 1979 Jimmy Carter era, or even worse than recent inflation rates of 9.1% in 2022. However, the reality has been markedly different. Not only has inflation stayed controlled, but also federal revenue from tariffs has surged—a testament to Trump’s approach to reciprocal trade policies, which many previously dismissed as damaging.
Economist and commentators point out that despite political backlash, Donald Trump’s economic policies appear to be delivering a robust market performance and fiscal gains—something that contrasts sharply with earlier predictions of economic doom.