His Absolutely F'cking Mad Tariffs Do Make It Difficult To Call.

https://news.sky.com/story/trump-seeks-to-fire-fed-governor-triggering-fresh-independence-crisis-13418524

The regime that appointed her caused inflation by stimulating demand at a time that it was, needlessly, crippling supply chains. The orthodox way of dealing with that is not being a hopeless muppet in the first place. Failing that the Homo response is to raise interest rates to suppress demand.

In the long-term Trump's uber Hetero idea of imposing an extra, baseline, 10% sales tax on all American consumers may reduce inflation. If Trump takes all the big, beautiful amounts of money he's raising from within the US economy and locks it in a vault.

However in the short-term an extra, baseline, 10% sales tax is going to drive up inflation. By, er well, 10%!