US inflation trend: Producer prices remain flat in June; tariff effects may hit harder from August
Wednesday, 16 July 2025 () US wholesale inflation remained flat in June, despite concerns over President Trump's tariffs. The producer price index showed a 2.3% year-on-year increase, the smallest since September. While some sectors saw tariff impacts, like furniture, others, such as steel, defied expectations. Retailers are feeling the squeeze, and the Federal Reserve is monitoring the impact on inflation.
During a heated House hearing, Rep. Madeleine Dean confronted Commerce Secretary Howard Lutnick over the ripple effects of President Trump’s tariff plan. Dean spotlighted rising banana prices at..
A measure of wholesale prices showed no change in June, providing a conflicting sign over whether tariffs threaten to boost inflation in the coming months. The... Upworthy
Wednesday, 16 July 2025 ()
![Rep Dean GRILLS Trump Ally Over Soaring Banana Prices, Lutnick SHREDDED Over Trump’s Banana Tariffs [Video]](https://video.newsserve.net/300/v/20250606/1413127652-Rep-Dean-GRILLS-Trump-Ally-Over-Soaring-Banana.jpg)
