President Donald Trump received unpleasant news from a friendly face on Thursday morning.

Fox Business Host Maria Bartiromo was live on air when the Producer Price Index report for July was released by the Bureau of Labor Statistics, revealing that prices for wholesalers rose last month at the fastest pace in three years.

Bartiromo, who typically finds a way to spin bad news in Trump’s favor, bluntly described the reported inflation “spike” as “troubling.”

Economic experts largely agree that Thursday’s report is trouble for the White House.

The PPI index rose 0.9% in July alone—more than four times what was expected, Bartiromo said. For the past year, the index rose 3.3%, the largest annual increase since February.

The numbers are an indictment of Trump’s tariffs. The Trump administ

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