Inflation fears are back in the spotlight as U.S. tariffs introduced earlier this year continue to ripple through the economy. 🌍 While monthly Consumer Price Index (CPI) data showed modest increases (0.2% in April, 0.1% in May, 0.3% in June, and 0.2% in July), experts like Gao Zhijun, a researcher at the Chinese Academy of Social Sciences, warn against dismissing long-term risks. 📊
The Trump administration has touted its tariff strategy as a win, with Treasury Secretary Scott Bessent highlighting deregulation, tax cuts, and energy policies as counterbalances. But critics argue these measures may not offset rising costs for businesses and consumers. 💼🛒
🔍 Why it matters: With global markets already shaky, young professionals and entrepreneurs are watching how these policies could affect everything from tech gadgets to travel expenses. ✈️📱 Stay tuned as we track this economic rollercoaster!
