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“Prices would rise — sharply — they said, reigniting an inflation crisis that tens of millions of Americans had elected [President Donald Trump] to solve,” CNN’s David Goldman wrote on Friday. “But that massive, tariff-induced inflation spike hasn’t materialized. Not even close.”
Indeed, it hasn’t. But who exactly is Goldman referring to when he says, “they said”? Well, Goldman might want to check his own newsroom.
On May 16, CNN’s Allison Morrow wrote, “There’s no denying it now: Tariffs are raising prices.”
“Donald Trump’s pitch to Americans on the campaign trail last year included a simple (and simplistic) promise: lower prices on Day One. Even if he didn’t mean it literally, it’s now Day 115, and the results of his only significant economic policy show that the opposite is happening,” Morrow wrote.
Three days prior, CNN’s Nathaniel Meyersohn wrote, “Tariffs have already made mattresses, strollers and power tools more expensive.”
Some other doomsday predictions from CNN include Auzinea Bacon’s May 24 article titled “These companies will raise prices because of Trump’s tariffs,” accusing Trump of giving “many Americans whiplash” as companies announced “daunting” price hikes. “Anything from groceries and clothing to toys and cars could cost Americans more,” Bacon wrote.