American consumers say they're struggling. Tariffs will make inflation much worse.
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before he takes office.
Here’s how high inflation could rise on Trump’s tariffs on Canada, Mexico
Trump’s threatened tariffs on Canada and Mexico may boost inflation in the U.S., but there’s still “huge uncertainty” around macroeconomic forecasts, according to Deutsche Bank Research.
How Trump's tariffs might warp two crucial readings on the health of the US economy
In carrying out campaign promises on trade and the border, Trump risks worsening the inflation dilemma that catapulted him to ...
Trump's tariffs in his first term did little to alter the economy, but this time could be different
The tariffs he imposed on China in his first term were continued by President Joe Biden, a Democrat who even expanded tariffs ...
Top Automakers in U.S. Reliant on Mexico, Canada for Auto Assembly
There is a reason investors are worried about how automakers would be affected by steep tariffs on Canadian and Mexican ...
Stocks, dollar, bond yields fall: data, Trump tariffs in focus
MSCI's global equities index edged lower and the dollar slipped with Treasury yields on Wednesday as investors digested the ...
Pricier Beer and Guac? And 2 Other Trump Tariff Threat Questions
A bit more than 50 days before taking the oath of office a second time, Trump took to social media this week to threaten the ...