From MSNBC.

The economic forecast is getting bleaker by the month. In July, wholesale inflation rose at the fastest monthly pace since June 2022. The producer price index jumped 0.9% from June to July – more than four times what economists expected. These are all signs that domestic producers, manufacturers, and business owners are beginning to feel the effect of Donald Trump’s tariffs – and consumers may start feeling it soon too. “There is no doubt Americans are paying the tariffs at this point,” economist Justin Wolfers tells Ali Velshi.

Our next MSNBC Live event is on October 11th in New York City! Buy Tickets now: msnbc.com/live25

For more context and news coverage of the most important stories of our day click here: https://www.msnbc.com/

» Subscribe to MSNBC: https://www.youtube.com/msnbc
» Subscribe to MSNBC on TikTok https://www.tiktok.com/@msnbc
» Subscribe to MSNBC on Instagram https://www.instagram.com/msnbc
Download our new MSNBC app for the latest breaking news and daily headlines at a glance: https://www.msnbc.com/information/download-msnbc-app-n1241692

Follow MSNBC Show Blogs
MaddowBlog: https://www.msnbc.com/maddowblog

MSNBC delivers breaking news, in-depth analysis of political headlines, commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, The Briefing with Jen Psaki, Morning Joe, The Beat, Deadline: White House, The Weeknight, All In, The Last Word, The 11th Hour, and more.

Connect with MSNBC Online
Visit msnbc.com: https://www.msnbc.com/
Subscribe to the MSNBC Daily Newsletter: https://link.msnbc.com/join/5ck/msnbc-daily-signup

#Trump #Tariffs #Economy