Musalem Says Tariffs Driving Inflation but Effect to Ease Next Year
According to Musalem, current tariffs are contributing to inflationary pressures, though this impact is projected to diminish over the course of the following year.
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Terms & Concepts
Tariffs: Taxes imposed on imported goods, often used to protect domestic industries or raise government revenue.
Inflation: The rate at which the general level of prices for goods and services rises, eroding purchasing power.