US Tariffs Fire Up Inflation Fears as CPI Creeps Higher
Since April’s sweeping US tariffs, monthly CPI readings have ticked higher. Despite government reassurances, experts warn inflationary pressures may be heating up.
Stay informed, stay connected—news for amigos everywhere.
Since April’s sweeping US tariffs, monthly CPI readings have ticked higher. Despite government reassurances, experts warn inflationary pressures may be heating up.
Parents in the U.S. and beyond face rising back-to-school costs as tariffs and inflation push up prices, prompting tough budget choices and creative community swaps.
Economist Michael Strain warns tariffs are driving U.S. inflation above the Fed’s target, with the full impact yet to unfold.
China’s CPI was unchanged year-on-year in July, while PPI fell due to seasonal trends, offering insights into the Chinese mainland economy.
The Chinese mainland’s CPI remained unchanged year-on-year in July, signaling stable prices and calm inflation.
New data reveals U.S. lawmakers profiting from tariffs while inflation rises, sparking a rare bipartisan push to curb conflicts of interest.
PIIE’s Gary Hufbauer calls US tariffs “a completely ridiculous economic policy,” warning of inflation hitting everyday Americans by late this year.
Key U.S. trade partners may face steep tariffs on Aug 1 if a deal with Trump isn’t reached, sparking inflation fears.
The US Fed report paints a pessimistic picture as rising tariffs push up costs, fueling uncertainties across industries.
US GDP dipped by 0.5% in Q1 2025 due to rising imports, inflation, and geopolitical risks, challenging the nation’s economic resilience.