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You’re Welcome, World: U.S. Tariffs May Cool Inflation for the Rest of the Global Economy

Inflation held steady as falling gas and grocery prices offset rising costs from tariffs, with gas prices down 9.5% from a year ago, the Labor Department reported.

Summary by Fortune
“We doubt that U.S. tariffs will significantly affect inflation in the rest of the world, but if anything, the effect could be mildly disinflationary.”

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TFD broke the news in on Thursday, August 14, 2025.
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