Unexpectedly!
Analysis of April Inflation News Trump’s Tariff Strategy Vindicated Against Media and Expert Skepticism On Tuesday, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index (CPI) for April showed an annual inflation rate of 2.3%, down from 2.4% in March and below economists’ forecasts of 2.4%. This unexpected slowdown, the lowest since February 2021, follows a temporary U.S.-China trade deal signed on Monday, prompted by President Trump’s 145% tariffs on Chinese goods imposed on April 2, which slashed China’s exports to the U.S. by 21% in a single month. The deal reduces U.S. tariffs to 30% for 90…