Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.

US consumer inflation picked up in line with analyst expectations in June, government data showed Tuesday, with vehicle costs cooling over the month but increases seen in sectors exposed to President Donald Trump's widening slate of tariffs.

Inflation should rise in the coming months as more tariff effects materialize, but likely by less than first expected if new trade deals happen.