U.S. News
Tariffs Blamed as Living Costs Climb Across U.S. Under Trump
By Jake Beardslee · November 2, 2025
Inflation Surges Despite Promises to Cut Costs
President Donald Trump is facing renewed scrutiny as inflation continues to climb, challenging his campaign pledge to bring prices down. The Consumer Price Index rose 0.3% in September, pushing the annual inflation rate to 3%—the highest since January 2025. Economic analysts warn that the trend is squeezing household budgets, with the average American family now spending roughly $200 more per year on everyday essentials compared to earlier in the year. The White House / Wikimedia
Social Security Boost Eaten Up by Rising Costs
Social Security recipients are set to receive a 2.8% cost-of-living adjustment in 2026. However, economists note that much of this increase will be negated by higher healthcare and insurance expenses. For millions of seniors on fixed incomes, the modest benefit bump will do little to offset the real impact of inflation. Kenny Eliason / Unsplash
Shutdown Complicates Economic Reporting
The latest inflation data was released amid an ongoing government shutdown, which has already delayed the publication of other key economic reports. White House Press Secretary Karoline Leavitt cautioned that the shutdown may halt future data releases altogether. “The government shutdown would likely result in no October inflation report, which will leave businesses, markets, families, and the Federal Reserve in disarray,” Leavitt said. BruceSchaff, CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0, via Wikimedia Commons
Economists Point to Tariffs as Inflation Driver
A growing number of economists say Trump’s tariffs may be intensifying inflationary pressures, warning that price increases will persist without major policy changes. Tariffs on imported goods—especially raw materials and industrial components—are raising production costs for U.S. manufacturers, which are then passed on to consumers. The White House / Wikimedia
Expert Warns of Prolonged Price Pressures
Dean Baker, co-founder of the Center for Economic Policy and Research, said tariffs are likely to keep inflation elevated. “At least until the full effect of tariffs is passed through to consumers, the inflation rate is more likely to be rising than falling,” Baker wrote. He added, “The problem is compounded insofar as new tariffs are imposed, and deportations hit more sectors. Barring a major economic downturn, it is difficult to envision a scenario where inflation hits the Fed’s target any time soon.” Engin Akyurt / Unsplash