Trump heads to China for state visit. And, how the war in Iran has affected inflation
🔴 Tension RisingNPR2026-05-12
President Trump's visit to China is generating expectations for stabilizing the US-China relationship. The war in Iran is contributing to inflation, particularly rising oil prices, impacting American consumers, and the president is considering suspending the gas tax. Recent inflation reports indicate rising airfare and transportation costs, alongside housing expenses.