President Trump's tariff policy was always in tension with domestic economic policy — the risk of higher costs versus the promise of lower prices — but as long as inflation remained under control, the tariffs mostly won out. • With questions of domestic affordability now threatening the president politically, at least some tariffs are fair game.

The big picture: The Trump administration is feeling a pressure point that the Biden administration knew well. • Inflation rates don't matter, price levels do — and you can't easily convince people your policies are working when they're paying 15% more for a hamburger or 20% more for a cup of coffee. • The president may say he doesn't want to "hear about the affordability," but his economic team has been all over the airwaves in recent days

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