The Brief Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs. U.S. inflation fell last month, bringing price growth to its lowest figure since September. One reason prices fell was sharp drops in travel-related costs, including air fares, which slipped 5.3% just from February to March. Trump tariffs haven’t raised inflation – yetThe backstory:Trump had imposed sweeping tariffs on nearly 60 nations last week, which sent financial markets into a tailspin and caused sharp drops in business and consumer sentiment. Consumers will likely see some prices rise because of the existing duties, including the massive tariffs on China.