“President Donald Trump and his allies have begun suggesting that some economic pain could be ahead for Americans, as the administration carries out plans to slap tariffs on billions of dollars of goods coming into the U.S. and fire thousands of federal workers across the country,” NBC News reports.
“Trump warned Americans in his speech to Congress this week to expect a ‘little disturbance’ from his plan to impose sweeping tariffs on billions of dollars in goods.
Treasury Secretary Scott Bessent said there will be a “detox period” as the economy shifts away from government spending. And Commerce Secretary Howard Lutnick said that prices on some items would be going up as a result of tariffs — though he said overall inflation would not increase.”“While Trump and top administration officials have framed any economic pain from their policies as short-term hits that are necessary to improve the economy in the long run, their comments go against the optimistic, fast-fix rhetoric Trump deployed on the campaign trail.”