Trump, tariffs and Coffee prices
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WASHINGTON (AP) — U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild. The Labor Department reported Thursday that its producer price index — which measures inflation before it its ...
US producer prices rise 2.6% in May with inflationary pressures still mild. Right now, on average, you're paying 2 more cents per dollar compared to last month.
Oil prices rose on Friday, following US President Donald Trump's announcement of an upcoming statement concerning Russia, which hinted at potential additional sanctions on the significant oil-producing nation.
U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead of the July 4 weekend.
Trump’s copper tariff threats already raising factory costs across the US. Read more at straitstimes.com. Read more at straitstimes.com.