Morning Wire Trump’s Economic Upset & D.C. Takeover Tensions | 8.13.25
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Aug 13, 2025 The podcast explores surprising stability in inflation rates as Trump navigates trade concerns. It delves into the political dynamics affecting local law enforcement and crime narratives in D.C. Additionally, it examines Israel's strategic plans against Hamas, highlighting tensions over humanitarian issues. International reactions to Israel's military actions show a divided front, especially among European nations, contrasting sharply with U.S. support. It's a compelling look at the intersection of economics, politics, and global affairs.
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Inflation Remains Lower Than Expected
- Inflation has trended below expectations with July CPI at 2.7% and real wages up 1.3% year-over-year.
- Falling prices for gas, smartphones, and eggs helped keep consumer costs subdued.
Watch For Delayed Tariff Effects
- Expect possible delayed price effects as businesses run down inventories stocked before tariffs took effect.
- Monitor sector-specific prices because tariff impacts may surface once stockpiles deplete.
Trade Deals Driving Revenue
- The White House credits new trade deals and tariffs for boosting revenue and investment flows into the U.S.
- Treasury Secretary predicts $300 billion in tariff-related revenue by year-end, up from $100 billion so far.