President Donald Trump might want a new, “America First” world, but in the race to control inflation the United States may actually come last. While his tariff hikes are widely expected to jack up prices at home,

Many experts, including the policy-making members of the Federal Reserve, are worried that President Donald Trump's tariff policies could lead to a spike in inflation. The tariff policies remain rather uncertain,

A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Trump’s tariffs were implemented. At the same time, consumers accelerated their spending,