The article discusses how Donald Trump's unpredictable trade policies, particularly tariffs on imports, are threatening to destabilize the U.S. economy as inflation approaches the Federal Reserve's target. Recent inflation data indicates a slight increase, with core inflation at 2.8%. While food prices have risen, the impact of tariffs seems limited so far. Trade tensions between the U.S. and China appear to have eased slightly due to recent agreements. However, uncertainty over tariffs continues to complicate the Federal Reserve's efforts to manage inflation and the economy.
Despite a slight rise in U.S. inflation, the impact of tariffs on prices remains limited, which has somewhat eased trade concerns and market reactions.
Trump's tariffs threaten to push inflation higher again, despite a recent trend toward stabilizing prices. Core inflation is showing signs of persistence.
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