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US inflation jumps as Trump tariffs 'bite'
theweek.com/politics/inflation-report-trump-tariffs
What happened
Consumer prices rose 0.3% in June, according to Labor Department data released Tuesday, pushing the annual inflation rate to 2.7%. That's the highest rate since February.
Imported items saw some of the steepest price hikes. The cost of appliances, for example, jumped 1.9%,…
This story appeared on theweek.com, 2025-07-16 15:44:11.