US manufacturers blame tariffs for swelling inflation
Economists and policy makers are debating whether stimulus spending and easy monetary policy are fueling inflation. Many businesses say there is another culprit that should share the blame: import tariffs.The Trump administration implemented tariffs on products including lumber, steel and semiconductors to shield American companies from a glut of cheap imported products from China and other countries.
The tariffs have long been opposed by U.S. companies that import the goods and pay the levies….
