Trump announced the absence of inflation in the United States against the background of the introduction of duties

Thanks to the introduction of US duties, oil prices are falling, and there is "no inflation" in the country. This was announced on April 7 by the American leader Donald Trump on the Truth Socia social network.

"Oil prices have fallen, food prices have fallen, there is no inflation," Trump wrote.

He also added that the United States receives "multibillion-dollar" revenues from the duties imposed on the countries. In addition, he called on the US Federal Reserve System (FRS) to lower interest rates.

At the same time, Fed Chairman Jerome Powell said on April 4 that a sharp increase in import duties would slow down the growth of the US economy and accelerate inflation in the country. He noted that at the moment the US economy is still in good condition, but the forecast for the future is not so optimistic.

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On April 2, Trump announced large-scale measures: base tariffs of 10% are being introduced for all products supplied to the United States. For the EU, this figure has been raised to 20%, and for China — to 34%. In his speech, the president called April 2 the day when Americans will become rich again.

The next day, Georgy Ostapkovich, director of the HSE Center for Economic Research and Economic Analysis, said that the introduction of US duties on imported goods could trigger a chain reaction that could lead to a global financial crisis.