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New report shows inflation accelerated in June, signals impacts of Trump tariffs
A new inflation report released this morning shows the country’s 12-month inflation rate has gone up for a second consecutive month. Economists have been warning about the impact of President Trump’s tariff threats.
“You are starting to see scattered bits of the tariff inflation regime filter in,” said Eric Winograd, chief economist at ...
Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington ...
By Howard Schneider WASHINGTON (Reuters) -Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in what economists see as evidence ...
Economists and monetary policymakers have been trying to figure out exactly how much U.S. tariffs on goods will affect ...
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Are Trump's tariffs becoming a burden on the US economy? A piece of information puts the issue on the tableThe tariff policy under President Donald Trump has been a cornerstone of his trade strategy, promising substantial federal ...
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Trump tariffs begin to bite: Walmart, Mitsubishi, and Nike announce price hikesWalmart, Mitsubishi, and Nike are raising prices, citing Trump’s tariffs as inflation climbs—highlighting the trade war’s ...
But while the underlying narrative remains that there will be a negative impact on the economy going forward, there is some ...
His on-again, off-again approach to reshaping international trade is affecting the U.S. economy and the people in it.
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