New inflation figures released Tuesday added to signs that President Donald Trump’s tariffs are driving up the cost of everyday goods, even as lower energy prices helped temper overall increases. The Labor Department’s consumer price index for July showed that the annual pace of inflation remained at 2.

Inflation held steady in July as tariffs threatened to drive prices higher, CPI report reveals. But an underlying inflation measure picked up

Midnight last night was the deadline Donald Trump had set for China to reach a deal over trade tariffs. But just hours before it expired the US president extended it again – for another 90 days. We speak to one US business feeling the sharp end of import duties.