Trump's tariffs impact the economy, and wholesale prices in the United States have surged significantly.

robot
Abstract generation in progress

On August 14, the wholesale prices in the U.S. surged in July, rising 3.3% year-on-year, marking the most significant indication yet that President Trump's tariff policies are permeating into the U.S. economy. The PPI year-on-year recorded its largest increase since February of this year. This index tracks the charges that domestic producers in the U.S. impose on their goods and services. This data is far higher than the 2.4% year-on-year increase in June and the 2.5% increase anticipated by economists surveyed. The yield on two-year U.S. Treasury bonds, sensitive to interest rate expectations, and the dollar both rose after the PPI report was released. (Jin10)

TRUMP-6.71%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)