The tariffs the Trump administration is imposing on imported goods from China have infused uncertainty in the economy and capital markets, but they haven't resulted in marked inflation.
Nor is the latest tranche of tariffs expected to spike inflation by the end of the third quarter this year, the period the Social Security Administration uses to assess the Cost of Living Adjustment for Social Security beneficiaries, according to one economist.
"The trade war certainly creates some additional uncertainty, but perhaps not as much as one might think," said Eric Gaus, an economist with Moody's Analytics, a provider of financial analytics.
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