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Us Slashes 'de Minimis' tariff, China picks up the Boeing ban in the middle of the trade war.

Josh Schafer from Yahoo Finance reports:

The April Consumer Price Index (CPI) is expected to have the first clear signs of inflationary effects of President Trump's tariffs.

The report, which was published on Tuesday at 8:30 a.m. ET, will welcome investors to the news less than 24 hours after the markets increased.

“We assume that the first signs of tariff inflation in April -CPI will appear on Tuesday,” wrote UBS -Chef economist Jonathan Pingle on Monday in a note to customers. …

In the CPI report, the annual headline annual inflation is forecast in April at 2.4%, which corresponds to the increase in March in March. In the month against the month, prices rise to 0.3%, above the decline of 0.1%observed in March.

The CPI is expected to increase by 2.8% in April on “Core” base, which causes the more volatile food and energy costs last year, which has unchanged the month before when core inflation has reached the lowest level in four years. In the meantime, monthly core price increases are expected by 0.3% before increasing 0.1% in March.

While there will be signs of inflation in connection with tariffs in the report on Tuesday, economists argue that the full main load of the effects of the new guidelines on inflation will probably not be visible for several months.

Read more here.

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