JUST IN: CNBC is shocked at producer price inflation actually declining for the month. President Trump has defied all expert expectations on tariffs.

"Wholesale inflation, expected to be +0.3%, down -0.1%. Wow! First negative number since April."

"I'm SURPRISED! Real progress here. +2.6% year-over-year, we were expecting +3.3%! [...] Those little blips seem to be moving back into the sunset."

Admit it.

Apologize to President Trump, Scott Bessent and Howard Lutnick. They were right, "experts" were wrong.
JUST IN: CNBC is shocked at producer price inflation actually declining for the month. President Trump has defied all expert expectations on tariffs. "Wholesale inflation, expected to be +0.3%, down -0.1%. Wow! First negative number since April." "I'm SURPRISED! Real progress here. +2.6% year-over-year, we were expecting +3.3%! [...] Those little blips seem to be moving back into the sunset." Admit it. Apologize to President Trump, Scott Bessent and Howard Lutnick. They were right, "experts" were wrong.
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