A number of factors, including a lack of significant gains in auto prices, are masking the extent of the shift.

The deadline for the start of Trump's heaviest tariffs has been delayed a few weeks, but a new report has nonetheless shown that inflation is once again on the rise.

Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.

Inflation rose in June as President Donald Trump’s tariffs began to push up the prices of certain goods, undermining his attempts to pressure Federal Reserve Chair Jerome Powell to lower interest rates.

US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch. Consumer prices rose 0.3% last month,

The hottest question in economics is why the massive price hikes tariffs were supposed to bring still haven’t materialized halfway through 2025.

President Donald Trump on Wednesday announced that he will send tariff letters to over 150 countries as the August 1 deadline to enforce the levies approaches. President Trump made the announcement while addressing reporters at the White House,

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.