Hot summer awaits … Trump fees fueling American inflation until the end of the year
Most economists expected the high rate of inflation in the United States during the month of June, warning that price pressures will start accumulating from this summer until the end of the year, which makes the Federal Reserve Bank conservative so far to reduce interest rates." target ="_Blank"> Consumer prices." target ="_Blank"> Trump last week imposing customs duties on imports from Mexico, Japan, Canada and Brazil, in addition to the European Union. "Reuters" The inflation was slow to respond to the comprehensive customs fees that Trump imposed on imports, because companies still sell their accumulated stocks before the fees are valid, and with the entry of new goods the prices will rise. "Santander US Capital Markets": "Reports indicate that customs duties -related price increases began to grow at a faster pace in June, but I expect the largest part of the influence in July and August."
