Brass bands in Beijing make way for sticker shock at home as Trump returns to escalating inflation (opens in new tab)

President Donald Trump returned from the spectacle of a Chinese state visit to a less than welcoming U.S. economy — with the military band and garden tour in Beijing giving way to pressure over how to fix America's escalating inflation rate. Consumer inflation in the United States increased to 3.8% annually in April, higher than what he inherited as the Iran war and the Republican president’s own tariffs have pushed up prices. The Cleveland Federal Reserve estimates that annual inflation coul...