According to the analysis by the Democrats of the Joint Economic Committee, President Trump’s Tariff has increased the price of beer, beef and grilling ahead of the holiday ceremony for Independence Day.
A Thursday report The minority party has been asked to increase the new price for six-packs of Miller Light American Light Ligger Beer bottles, while the cost of grill tool has increased by 17.7 percent since the beginning of April.
Sunscreen prices also increased by 8.1 percent, as aluminum foil did 6.9 percent markup.
Democrats said that “the so -called ‘liberation day’ tariff” were unpredictable policies, leading to increased economic uncertainty.
Their findings suggest that the cost of traveling to the grocery store for cookouts increased at 12.7 percent annual rate in months after Trump’s implementation of “mutual” tariff measures.
Joint Economic Committee Democrats said that the effects are reflected in the price of ground beef and ice cream, which saw a 30 -year high in May.
The data of the Consumer Price Index was used by the Joint Economic Committee Democrats to calculate the price increase for popular food and beverages for 10-person summer cookouts.
The majority of the Joint Economic Committee and the White House have reached the hill comment.
