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Is Trump really going to push the “more inflation” button?

5 7
06.03.2025
Shipping containers are stacked high at the Port of Long Beach as President Donald Trump's tariffs on Canada and Mexico take effect. | Tom Williams/CQ-Roll Call, Inc via Getty Images

This story appeared in the Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here.

Welcome to The Logoff. Today I’m focusing on a line in Donald Trump’s speech last night that I found surprisingly honest: “There will be a little disturbance, but we are okay with that.” It was an acknowledgment that Trump’s plan to reorder the US economy with tariffs is not without pain. As we get clarity on just how steep the tariffs will be, we’ll find out just how much pain Trump is talking about.

What’s the big question? Since Trump

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