Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe Biden for creating. “I call it a ring around the country. We have a ring around the country,” Trump said in a Time magazine interview released Tuesday, referring to aggressive tariffs he has promised to impose in a second term. “I also don’t believe that the costs will go up that much.” The presumptive Republican presidential nominee has repeatedly pledged to hike tariffs, cut taxes and encourage cheap money policy if he wins the November election. Yet economists and Wall Street analysts agree that these plans would likely drive consumer prices higher. Trump has outright dismissed this idea: “I don’t believe it’ll be inflation. I think it’ll be lack of loss for our country,” he said in the Time interview. Trump has pledged to raise tariffs by 10% on imports across the board, and push them even…
