tariffs, prices and inflation
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U.S. producer prices were unexpectedly unchanged in June as a tariff-driven increase in the cost of goods such as communication and related equipment was offset by softening demand for travel services.
US stocks end mixed after June inflation data and mixed earnings pressured the Dow and S&P 500. Nvidia powers Nasdaq to record high.
As inflation rises up once again, the White House is doubling down on its tariff plans for countries around the world. President Trump claims Americans could see savings soon.