Here’s the deflation breakdown for July 2024 — in one chart

Key Points

The inflation rate has throttled back significantly from its pandemic-era highs.
Some areas of the U.S. economy have experienced deflation. Their prices have declined.
They include prices for physical goods like cars and trucks, clothing, furniture, as well as other categories like airline fares and some food items.

Source

Finance

After UK and China trade deals, tariff rate still highest since 1934, Yale report says

May 12, 2025

Key Points The average effective tariff rate on imports is 17.8%, the highest since 1934, even after trade deals reached with China and the U.K. in recent days, according to the Yale Budget Lab. Levies that President Trump placed on other products and countries still remain, including a 10% tariff on almost all trading partners. […]

Finance

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Finance

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