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US inflation grows at highest rate in 6 months as Trump's tariffs kick in
People shop in a supermarket in Manhattan, New York City, US, June 10, 2022. (Photo: Reuters)
The inflation in the United States rose at the highest rate in six months in July, with core inflation growing at 3.1 per cent year-on-year.
The rising inflation is a sign that President Donald Trump's tariffs have started raising costs for American companies and consumers.
This is a developing story. It will be updated as details emerge.
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