CLEAN : White House warns truckers protest could affect the auto industry and inflation could top 7%

The video discusses the significance of the Ambassador Bridge as a major trade link between Canada and the United States, accounting for 25% of trade. It highlights the impact of a blockade on supply chains, particularly in the auto industry. Efforts to reroute traffic to the Blue Water Bridge are mentioned, along with the opening of commercial lanes to alleviate delays. The video also addresses expectations for a high year-over-year inflation rate, emphasizing the importance of understanding both monthly and annual data trends.

What is the significance of year-over-year inflation data in the context of the current economic situation?

What are the implications of a predicted inflation rate above 7%?