Trump, Inflation and tariff
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Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances.
Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.
President Donald Trump told reporters Tuesday that he plans to place tariffs of more than 10 percent on smaller countries, including nations in Africa and the Caribbean.
President Donald Trump is doubling down on tariffs as inflation rises. He says he'll impose tariffs on pharmaceuticals at the end of the month.