In a recent statement, President Trump has denied the presence of inflation in the United States, highlighting decreases in oil, food prices, and interest rates. These comments come amidst significant drops in global markets and the imposition of extra tariffs on American imports by China. Trump has been vocal about criticizing China’s trade behaviors, accusing the country of unfair practices. Despite the challenging economic landscape, the President remains optimistic about the state of inflation in the US. The ongoing trade tensions between the US and China continue to impact financial markets worldwide, with investors closely monitoring the developments. Trump’s assertions regarding inflation and the current economic situation in the US have sparked debates among policymakers and economists. The effects of these trade disputes are being felt globally, with implications for various industries and sectors. As the situation evolves, stakeholders are closely observing how these developments will continue to shape the economic landscape in the US and beyond. Stay tuned for further updates on this ongoing issue.