It’s a view held by most economists since long before President Trump entered the White House. Prices rose when Mr. Trump imposed levies on China in his first term, though that did not translate to noticeably higher inflation overall.

Former Treasury Secretary Janet Yellen predicts President Donald Trump’s tariffs will cause prices to rise and average household income to fall, despite a slowing trend in the U.S. inflation rate.“I would expect inflation,

U.S. President Donald Trump on Thursday warned he may soon hike auto tariffs, arguing that could prod automakers to speed U.S. investments. "I might go up with that tariff in the not too distant future,

Americans have yet to feel any sting of inflation from the Trump tariffs when they go shopping. Now a new look at wholesale prices suggests the coast might be clear for a while longer.

Inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.

Former White House chief of staff Mick Mulvaney claims the Trump administration is “applauding” the new statistics showing the lower-than-expected consumer price index for May.