The Damage Report
The Damage Report
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Trump's Tariff Lies BLOWN APART As Companies Reveal Disastrous Price Hikes

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February 21, 2026

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Donald Trump's relentless economic lies get blown apart as companies drop bad news on shoppers over massive price hikes. John Iadarola and Yasmin Kahn break it down on The Damage Report. Leave a comment with your thoughts below!

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Shoppers Should Brace for Steep Price Hikes

"Shoppers who enjoyed a brief pause in price hikes may want to brace themselves. After several months of relative calm—and holiday discounts—companies are again bumping up prices on everything from jeans to spices to software, the Wall Street Journal reports. The increases, often in the high-single-digit range, appear steeper than a typical January reset in prices, particularly for electronics, appliances, and other durable goods, economists say.

Levi Strauss, Columbia Sportswear, McCormick, and a host of smaller firms report they're paying more for tariffs, wages, health insurance, materials, and shipping—and passing at least some of that along. Online data tracked by Harvard's Alberto Cavallo and Adobe show the largest monthly jump in web prices in more than a decade, led by big-ticket categories."

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Guests & Subjects Covered

Donald Trump'sJohn IadarolaYasmin KahnThe Damage Report LeaveNoble MobileShoppers Should BraceSteep Price HikesWall Street Journal

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Trump's Tariff Lies BLOWN APART As Companies Reveal Disastrous Price Hikes · The Damage Report · Sentinel