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hey ladies and gentlemen this is carmind
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Sav you for explain America it has
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finally happened and president Donald
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Trump is celebrating before we get
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started please make sure you like
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absolutely free it really helps us out
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at long last after
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years of former President Joe Biden's
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horrible
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leadership inflation rising and Rising
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every single day what are we seeing now
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inflation for the first time in four
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years has finally cooled cooled to a
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level it hasn't been at in four years
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Trump's back in the White House less
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than two months and inflation coming
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down and you're going to see all over
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the news about recession and this and
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that cuz they want you to believe that
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they're trying to will it to happen it's
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called wagging the dog they're trying to
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create a recession by creating Panic
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I've seen them do this before it's
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horrible but they don't care about you
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that's the problem in a nutshell they
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just don't care about you but Donald
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Trump does and that's why a new report
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and a CNN had a report about it
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inflation has cooled to the lowest level
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it's been in four years this is a
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massive victory for the Trump
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Administration for president Donald
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Trump and for republicans and I predict
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you're going to keep seeing a cooling of
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inflation prices are going to come back
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down and when they do we're all going to
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celebrate even the people who voted
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against Trump and they'll still hate him
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but they'll love the fact that prices
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are getting better it's kind of weird
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that way isn't it I want you to take a
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look at this video and let me know what
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you think in the comments
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this is CNN breaking news and we We
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Begin this hour with the breaking news a
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key report on inflation gives fresh
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encouragement to Americans increasingly
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very worried about the state of the US
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economy the Consumer Price Index shows
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annual inflation at 2.8% the first time
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it has slowed in some four months and
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that progress may be shortlived as
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president Trump escalates his trade Wars
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over a 25% tariff went into effect on
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All Steel and aluminum imported into the
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United States for Americans that could
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drive up prices on things like cars and
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appliances on Wall Street the Dow op
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stronger going up more than 200 points
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but now a retreat the Dow down about 100
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points as you can see let's go live now
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to CNN business and politics
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correspondent Vanessa yavich watching
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all of this in New York for us Vanessa
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let's begin with this new report on
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inflation here in the United States
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what's the
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headline wol this is welcome news for
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Consumer for consumers prices in
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February fell for the first time in four
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months prices in February month over
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month increased about. 2% and on an
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annual basis
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2.8% so that's encouraging news for
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consumers we saw in this report that
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shelter that is rent made up half of all
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increases in the report but we did see
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decreases on things like gas and also
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air line fairs good news for consumers
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on that front also we were watching food
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prices very very closely food ticking up
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2% and we were watching eggs wolf again
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10.8% that's the increase not excuse me
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10.4% that's the increase on the monthly
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basis alone but markets this morning
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reacting to the news at last check they
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were mixed the Dow was up 200 points on
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this inflation news but investors
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quickly forgot about that and then
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turned their attention to this trade War
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now this global trade war after a 25%
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tariff went into effect on aluminum and
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steel coming in from countries around
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the world and the EU responding very
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quickly with their own retaliatory
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tariffs on 28 billion worth of goods we
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are waiting though wolf on retaliatory
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tariffs that will be announced
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presumably by other countries we will
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see what that means for us consumers and
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markets who have been it's been very
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volatile for for them in the last two
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days right now a mixed picture but the
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day is Young wolf still very young
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Vanessa yavich in New York for us thank
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you
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[Music]
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