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Tariffs, Trump and inflation
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.
How Do Tariffs Work and Will Trump's Plan Cause Inflation?
President-elect Donald Trump said he will impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office.
Inflation-weary consumers likely to see another round with new Trump tariffs
Members of Trump’s transition team have pushed back against the idea that tariffs would spark widespread inflation. Even if some prices rise, those increases would be offset by lower demand elsewhere, Treasury Secretary pick Scott Bessent said in a recent radio interview.
Inflation rose to 2.3% in Europe
Euro-Zone Inflation Accelerates But Won’t Derail ECB Cuts
Euro-area inflation climbed above the European Central Bank’s 2% target, though officials are unlikely to be deterred from continuing to lower interest rates next month and beyond.
Inflation rose to 2.3% in Europe, but that won’t stop the ECB from cutting interest rates
Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. import tariffs from the incoming Trump administration adds to the gloom over weak economic growth.
Eurozone inflation rose to 2.3% in November
Eurozone inflation rose to 2.3 per cent in November, exceeding the European Central Bank’s target for the first time in three months. Friday’s rise in consumer prices was in line with economists’ expectations and surpassed October’s figure of 2 per cent,
Opinion
5h
on MSN
Opinion
Tariffs are coming, but Congress can stop them
If broad-based tariffs are enacted, as Trump has promised to do, the effects will be most strongly felt by working Americans, ...
1d
on MSN
Tariffs would undo Fed's progress on inflation, says Capital Area Planning's Malcolm Ethridge
Malcolm Ethridge, Capital Area Planning Group managing partner, and Stephen Stanley, Santander U.S. Capital Markets chief U.S ...
2d
on MSN
Trump tariffs could make these items more expensive
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
3d
on MSN
Trump's proposed tariffs on Mexico, Canada, China will increase inflation, Goldman Sachs warns
President-elect Trump's plan to increase tariffs on goods from China and impose them on products from Mexico and Canada would ...
The Indianapolis Star
3d
Trump's tariffs on Mexico, Canada would sharply boost inflation, hurt economy, experts say
The
tariffs
President-elect Donald Trump has threatened to impose on imports from Mexico and Canada would significantly ...
3d
Here's why Trump thinks tariffs are good for the U.S. — and what the experts say
President-elect Donald Trump is proposing sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Here's ...
4h
on MSN
Rush orders, cost savings, crossed fingers: How small businesses are preparing for tariffs
Beatrice Barba runs Tabor Place, a San Francisco Bay Area maker of nontoxic cups and lunch boxes for children. She’d intended ...
8d
The Price-Inflation Paradox: How Tariffs Really Affect The Economy
Anticipation of incoming president Trump’s tariffs has caused confusion regarding high prices and high inflation. They are ...
2d
Zambian Inflation Surges as Power Tariffs Increased by 115%
Zambia’s annual inflation rate jumped to its highest level in three years in November as the nation’s worst drought in more ...
3d
Soft landing? Not so fast: Inflation heated back up in October
The Federal Reserve’s favored inflation gauge just moved in the wrong direction. It comes as President-elect Donald Trump ...
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