Import prices have been trending low lately, which seems to allude to inflation pressures. Prices unexpectedly increased in the month of July, despite this, the report from the Labor Department has suggested that inflation may remain moderate. This would allow the Federal Reserve to decrease interest rates in order to limit the economic disruption that has occurred as a result of the U.S. trade war with China.
See "U.S. import prices rebound, but trend still subdued", Lucia Mutikani, Reuters, August 14, 2019