As the Trump administration keeps piling on tariffs, U.S. stock traders are averting their gaze and holding on tight. Corporate finance chiefs are having a more difficult time.

President Donald Trump’s push for import tariffs and the recent White House personnel upheaval increase the chance of a global trade war — and traders need to stay alert, because the end result could be the reappearance of inflation, according to at least one market analyst.

American drivers paying the most for gasoline since 2015 can take some comfort from forecasts that prices don’t have much further to rise.

Sentiment among American consumers increased in the week after the presidential election to reach the highest level since April 2015 on more upbeat views about the economy, figures from the weekly Bloomberg Consumer Comfort Index showed Nov 17.

Consumer confidence declined more than forecast in October, as households became less upbeat about the economy and labor market, figures from the New York-based Conference Board showed Oct. 25.

Consumer sentiment advanced last week, after hovering close to the lowest level of the year, on more favorable views of personal finances, the economy and buying climate, according to figures from the Bloomberg Consumer Comfort Index released Oct. 13.

Contracts to purchase previously owned U.S. homes fell to a seven-month low in August, held back by tight supply in the housing market, the National Association of Realtors said Sept. 29 in Washington.

Consumer confidence fell during the week that began Sept. 12 to the lowest point since mid-December as Americans’ views of their financial situations and the buying climate deteriorated, according to figures from the Bloomberg Consumer Comfort Index released Sept. 22.