Donald Trump Dismisses Price Increases-‘That’s Peanuts’

News Snapshot:

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. President Donald Trump dismissed price increases on common items purchased by consumers in a Sunday interview with NBC News' Meet the Press, saying "that's peanuts compared to energy." Why It Matters The Trump administration has had to defend its decision to apply a 145 percent tariff on Chinese products, with many business owners, especially small business owners, raising concerns about the severe impact on pricing that the tariffs will cause. Chinese online marketplace Temu has halted shipments directly from China to the...