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![Noahpinion Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::281877818.png) Noah Smith 🐇 [@Noahpinion](/creator/twitter/Noahpinion) on x 355.5K followers
Created: 2025-07-11 20:18:12 UTC

Why haven't tariffs raised inflation yet?

X. It takes time for tax hikes to raise prices

X. Companies eat some of the cost

X. A macroeconomic demand slowdown tends to keep a lid on inflation



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XXXXXXX engagements

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**Related Topics**
[tax bracket](/topic/tax-bracket)
[inflation](/topic/inflation)
[tariffs](/topic/tariffs)

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