CNN —
Inflation appeared nearly defeated just a few months ago, but price hikes started accelerating again, led in particular by rising egg prices and fuel costs. A nation that has grown weary of inflation has turned its hopes to President Donald Trump to help fix its affordability crisis.
But Trump, who had campaigned on bringing prices down on Day One of his presidency, has instead focused his economic policy thus far on tariffs – also known as higher taxes. Tariffs are paid by American importers, who typically pass those costs onto retailers, who, in turn,
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