Transcript
Uncle (0:00)
I' ma put you on, Nephew. All right, Unc.
Traci Mumford (0:02)
Welcome to McDonald's. Can I take your order, miss?
Uncle (0:04)
I've been hitting up McDonald's for years. Now it's back. We need snack wraps. What's a snack wrap? It's the return of something great. Snack wrap is back.
Traci Mumford (0:17)
From the New York Times, it's the headlines. I'm Traci Mumford. Today's Wednesday, July 16th. Here's what we're covering. New data on inflation shows that American consumers are starting to feel the first effects of President Trump's steep tariffs. According to the Consumer Price Index, inflation ticked up in June. It's still relatively tame, but prices rose noticeably on appliances, furniture and clothing products that are often imported from China, Canada, and other major trading partners that Trump has hit with surcharges. The rising prices are an early sign of what economists have been predicting ever since Trump unveiled his tariff plans, that American businesses and consumers will shoulder some of the costs. Other, more dire consequences economists warned about haven't materialized, including rising unemployment and a possible recession. But experts say that's because the president's trade strategy has kept changing. Trump has paused, unpaused, raised and lowered tariffs over the last few months, pollution pushing off some of the worst case scenarios. Mr. President, your reaction to the latest numbers from the Labor Department saying that inflation rose slightly last month.
Elian Peltier (1:32)
Very slight.
Uncle (1:33)
Essentially, they were exactly as anticipated, very low inflation.
Traci Mumford (1:40)
Trump downplayed the new data yesterday when asked. Currently, he's threatening another round of tariffs on dozens of countries, including a 30% surcharge on the EU that would kick in on Aug. 1 in Washington. In recent weeks, the Supreme Court has issued a series of emergency rulings allowing the Trump administration to move forward with some of its most controversial policies. That's included paving the way for migrants to be deported to countries they're not from and for mass firings across the government. The orders have come down in response to emergency applications from the administration. And unlike typical Supreme Court cases, which come with oral arguments and extended written rulings, the court's emergency orders are often unsigned and have no explanation at all. These kinds of rulings used to be relatively rare, but in the first six months of Trump's term, the court has taken up more of the applications than Presidents Biden, Obama, or Bush ever filed while in office. And while the orders are technically temporary, just in place while a case works its way through the courts, they've had the effect of expanding the president's power and allowing Trump to carry out actions that might be impossible to ever reverse. For example, it's hard to restaff an entire department or return migrants who are now in custody in another country. Emergency rulings have drawn complaints for years. It's even been dubbed the shadow docket because of the lack of transparency. But legal experts the Times talked with said that the recent flurry of unexplained orders is opening the court up to more criticism. One said, quote, in a highly polarized climate where the court is often accused of acting politically, the justices should feel a heightened obligation to explain their decisions to the public. Meanwhile, in Washington, the result of some of those emergency rulings has been on full display recently. Outside of federal buildings, government workers have gathered to clap for their colleagues who've been laid off by the administration as they walk out of their offices for the last time. In the past week, there have been mass firings at at least two agencies. At the Department of Health and Human Services, thousands of people got final termination notices as part of what Health Secretary Robert F. Kennedy, Jr. Has called a dramatic restructuring of the agency. Critics say the firings, which hit support staff in particular, are like laying off everyone at a hospital except the doctors and still expecting it to function. And at the State department, more than 1300 people were laid off, including senior intelligence analysts who specialize in Russia and Ukraine.
