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Rising Inflation Underscores Risks in Trump’s New Tariff . . . Rising Inflation Underscores Risks in Trump’s New Tariff Threats New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug 1
Tariff Impacts: Delayed or Avoided? | Federal Reserve Bank of . . . Figure 2 shows a modest increase in core goods inflation, which could include some effects of tariffs on imported goods, but it also likely includes some impact of companies rapidly building inventories in advance of an expected increase in tariffs
US inflation picks up in June as early tariff effects start . . . US inflation picks up in June as early tariff effects start to show Trump last week announced higher duties would come into effect on August 1 for imports from a range of countries, including Mexico, Japan, Canada and Brazil, and the European Union