CITIC Securities: US inflationary pressures may gradually emerge in the second half of this year

On July 14th, according to Jinshi Data, CITIC Securities pointed out that under Trump's tariff policy, many major US retailers, manufacturers, and automobile companies have successively released price increase forecasts. Because American companies generally have a strong willingness and ability to pass on costs, the pressure of tariff policies on inflation cannot be ignored. From the perspective of macro indicators, some leading US inflation indicators have already released signals that the US will face upward pressure on inflation in the future, and US inflation pressure may gradually appear in the second half of this year. [Deep Tide TechFlow]