U.S. producer prices surge in July as Trump tariffs push costs higher

Business

U.s. Producer Prices Surge In July As Trump Tariffs Push Costs Higher

By AP News

WASHINGTON (AP) — U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports are pushing costs up and that higher prices for consumers may be on the way. The Labor Department reported Th ...Read more