Donald Trump is betting that tariffs rather than sanctions will fix economic and geopolitical imbalances. But does the threat of rising US inflation and retaliation make sanctions a safer choice?

A number of factors, including a lack of significant gains in auto prices, are masking the extent of the shift.

Rising rents were the main driver of inflation in June. But the price of clothing, appliances and toys also jumped — which likely reflects the effects of import taxes. Clothing prices rose 0.4% while the price of appliances and toys jumped nearly 2%.

Consumer prices rose faster than​ in May,​ with increases in furniture, clothing and other tariff-sensitive items​.

Inflation accelerated in June as President Trump’s tariffs started to leave a bigger imprint on the economy, keeping the Federal Reserve on track to hold interest rates steady when policymakers next meet this month.

The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove otherwise.

The prices for food at home rose 0.3 in June, while food away from home, meaning restaurants, ticked up 0.4% on a monthly basis. Notably, the Trump administration has recently imposed a 17% tariff on Mexican tomatoes. The energy index edged up 0.9% in June, as gasoline prices jumped 1% over the month but shed 7.9% for the year.

Escalating import tariffs are beginning to show up in the prices that consumers pay. The President has backtracked on his promise to release government's files on sex offender Jeffrey Epstein, and the Senate has approved a cut of more than one billion dollars for the Corporation for Public Broadcasting – which provides money to NPR,

Inflation rose by 2.7 percent in June following warnings from economists that the cost of President Trump’s tariffs would make it through value chains and start to show up in consumer prices over the summer.

US inflation rose again in June to its highest level in four months, as President Donald Trump’s tariffs began driving up consumer prices.

A new report found inflation on the rise in June, another indicator of the affect Donald Trump's tariffs are having on the US economy.