51�Թ�

But there's also the fact, he says, that video game prices have not kept up with inflation.

“We face a highly uncertain outlook with elevated risks of both higher unemployment and higher inflation,” Powell said Friday.

It also prompted analysts to raise their inflation forecasts and lower their growth expectations for the U.S. economy.

While it’s possible that sustained tariffs could eventually bring more jobs to the U.S., he said, “you’re also going to see corporate profits squeezed, you’re going to see higher consumer prices, higher inflation.”

Global stock markets have fallen as investors reacted amid fears of inflation, but beyond the wider economic turmoil, how else could the ripples of a trade war affect the world of sport?