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Trump tariffs show muted impact in US inflation so far
Despite warnings about US President Donald Trump’s tariffs, tariffs have had a muted effect so far as inflation has remained lower than expected, but economists say that the situation may change in the coming months as tariffs persist and pre-tariffs inventories get depleted.
People shop in a supermarket in Manhattan, New York City, US, June 10, 2022. (Photo: Reuters)
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