PPI spike: US producer prices inflation hit 3-year high in July, tariffs add pressure on businesses
Thursday, 14 August 2025 () US producer price inflation soared in July, reaching its highest level since 2022, fueled by rising service and goods costs. Economists suggest that President Trump's tariffs are contributing to increased business expenses, particularly in sectors like steel, aluminum and food products.
A 'Mornings with Maria' panel discusses a new report from the Council of Economic Advisors showing import prices falling since President Donald Trump's second term,..
Sir Mel Stride, Shadow Chancellor said ''Putting taxes on businesses, borrowing a lot of money and spending a lot of money has kept inflation higher than it otherwise would have been.'' It comes as UK..
India-US Trade: A high-stakes India-US mini trade deal could be inked within 48 hours, with negotiators locked in extended talks in Washington. The pressure is mounting as the July 9 deadline looms —..
Thursday, 14 August 2025 ()
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