Trade, Inflation, and Political Fears
US consumer inflation hits 3.8% in April 2026, linked to 10-year debt rates at 4.6%.
Supply shocks, including Hormuz closure, fuel inflationary pressures.
Tariffs from 2023 raise clothing prices for Americans ahead of Memorial Day.
Schumer criticizes Trump for lack of cost-reduction plans.
White House emphasizes growth and affordability over foreign policy wins.
Owens warns economic crisis is a 'dumpster fire' with daily stability concerns.
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