No Inflation Rise, CEA Reports

The White House recently published a report from the Council of Economic Advisers (CEA) confirming that current tariff measures, primarily focused on imports, have not contributed to inflation. President Donald Trump highlighted this point, noting the decline in import prices along with increased investment in the United States.

According to the CEA’s data, import prices decreased by 0.1% from December 2024 to May 2025. President Trump stated that these findings validate his earlier predictions about tariffs and their economic impact, reiterating calls for Federal Reserve Chair Jerome Powell to consider interest rate reductions. In Trump’s own words, “The latest research from the White House Council of Economic Advisers (CEA) shows that the tariff policy has zero impact on inflation. Research data shows that import prices are continuing to decline—this completely confirms my previous prediction…”

CEA Findings Show 0.1% Drop in Import Prices

The latest report reveals that despite extended tariffs covering multiple countries, import prices have fallen rather than risen, diverging from initial predictions of inflationary pressure. This development bolsters Trump’s tariff strategy, suggesting that increased domestic investment and job creation resulted from these policies. In light of these findings, Trump criticized current Federal Reserve monetary policies, urging interest rate cuts to support economic growth further.

The decline in import prices amidst existing tariff implementations has generated mixed reactions. Trump reiterated confidence in his trade policies, emphasizing economic prosperity derived from them. Conversely, critics remain skeptical, with some economists pointing out that wider effects might be more nuanced, potentially surfacing over a longer period. Market participants are closely monitoring these economic indicators, anticipating possible adjustments in the Federal Reserve’s interest rate policies.

In a similar scenario during the 2018 tariffs under Trump’s first term, specific sectors experienced increased prices, yet broad inflation effects were moderated, mirroring current import price reductions and their limited inflationary impact.

Market Data and Insights

Did you know? Historical data shows parallels in past tariff impacts, supporting economic speculation around trade policy influences.

CoinMarketCap reports Bitcoin (BTC) currently trades at $108,719.30, reflecting a price increase of 0.70% within 24 hours. It boasts a market cap nearing $2.16 trillion, representing 64.25% market dominance. Recent 90-day trends exhibit a 30.50% price hike, demonstrating significant crypto market activity amid macroeconomic shifts.

Projections from the Coincu Research Team indicate that potential shifts in US tariff policies or Federal Reserve decisions could bring volatile outcomes for financial markets.