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Reading: Trump: Tariffs have reduced Inflation and Product Prices
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Sarajevo Times > Blog > WORLD NEWS > Trump: Tariffs have reduced Inflation and Product Prices
WORLD NEWS

Trump: Tariffs have reduced Inflation and Product Prices

Published: April 16, 2025
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These US tariffs are bringing record amounts of money to the treasury and have helped reduce inflation and the prices of almost all products, announced the President of the United States of America (US).

“The US is taking record amounts of money in tariffs and reducing the prices of almost all products, including gasoline, food and almost everything else. Also, inflation has been reduced. Promised – fulfilled!”, Trump wrote on the social network “Truth Social”.

On April 2, Trump signed an order introducing reciprocal tariffs on imports from other countries.

The base tariff was set at ten percent, while additional tariffs were introduced for 57 countries, depending on the US trade deficit in trade with specific countries.

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