Non-oil import prices increase 0.8% in April, Dean Baker notes

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14.05.2026

Non-oil import prices increase 0.8% in April, Dean Baker notes — Non-oil import prices rise in April

Dean Baker highlights that non-oil import prices rose 0.8% in April and were up 2.9% compared to the previous year. He added that exporters did not absorb U.S. President Donald Trump's tariffs as some had expected.

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Baker has previously argued that tariffs are hurting the U.S. auto industry and called for greater recognition of their negative effects. He has also addressed consumer finances, noting that the growth rate of credit card debt has slowed. The recent data on import prices follows these earlier observations.

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