Trump tariffs, tax cuts and interest rates likely to fuel inflation, Wall Street and economists agree

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Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe Biden for creating. "I call it a ring around the country. We have a ring around the country," Trump said in a Time magazine interview released Tuesday, referring to aggressive tariffs he has promised to impose in a second term. "I also don't believe that the costs will go up that much." The presumptive Republican presidential nominee has repeatedly pledged to hike tariffs, cut taxes and encourage cheap money policy if he wins the November election….