美国通胀数据公布，整个社会要崩盘，特朗普成最大赢家

Core Insights - The trade war initiated by Trump has significantly impacted global trade, raising concerns about the current state of the world economy [1] - Despite claims of making America great again, the reality is that the U.S. manufacturing sector has declined, leading to increased reliance on imports and higher costs for consumers [1] - Recent economic data indicates that the concerns regarding inflation and cost pressures are becoming a reality [1] Economic Data Analysis - The U.S. Producer Price Index (PPI) unexpectedly fell by 0.1% in August, with the year-over-year increase dropping from 3.1% to 2.6%, providing temporary relief to investors [3] - A significant factor in this decline was a 1.7% drop in trade services prices, reflecting changes in profit margins for wholesalers and retailers [3] - Companies are currently absorbing the cost pressures from tariffs rather than passing them on to consumers, but this strategy is unsustainable in the long term [3] Inflation Trends - Core inflation, excluding volatile food and energy prices, showed a 0.3% month-over-month increase in August, with a year-over-year rise of 2.8%, indicating persistent underlying inflation pressures [5] - Durable goods prices have increased consistently, correlating with rising raw material costs due to tariffs [5] - Market sentiment remains optimistic due to the lack of runaway inflation at the wholesale level, influencing expectations for potential interest rate cuts by the Federal Reserve [5] Consumer Impact - Changes in wholesale prices are expected to eventually affect retail prices, leading to increased costs for consumers [7] - Many consumers are already feeling the impact of rising prices, as more companies begin to pass on tariff costs [7] - The upcoming Consumer Price Index (CPI) data is highly anticipated, with predictions of a 0.3% month-over-month increase and a year-over-year rise of 2.9%, the highest since January [7] Economic Uncertainty - The recent decline in wholesale inflation may be a temporary calm before a potential storm, as the effects of tariff policies are becoming more apparent [10] - The profitability of businesses, consumer purchasing power, and the Federal Reserve's policy decisions are all under significant strain due to the ongoing trade war [10] - The responsibility for the current economic situation raises questions, as the trade war's burdens ultimately fall on ordinary American citizens [10]