WASHINGTON -- Lower-than-expected U.S. inflation readings for May suggest that President Donald Trump's tariffs have yet to really hit American consumers, with domestic and foreign companies initially bearing the costs.
Trump tariffs
Who's paying for Trump tariffs? Businesses, so far
Subdued US inflation shows delayed consumer impact, while Japan auto export prices drop
Customers at a Home Depot store in St. Louis, Missouri. "We don't see broad-based price increases for our customers at all going forward," says Billy Bastek, executive vice president of merchandising. © Reuters
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