tariffs inflation news

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.

The Washington Post on MSN · 23h

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.

POLITICO on MSN · 23h

Trudeau says Trump’s tariffs would also hurt US

Prime Minister Justin Trudeau is defending his working relationship with President-elect Donald Trump while pointing out that tariffs on Canadian goods would also hurt Americans. “We were able to protect great jobs in Canada by working with President Trump on renegotiating NAFTA in ways that secured our economy for decades to come,

Inflation rose to 2.3% in Europe

Bloomberg L.P. · 1d

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.

MarketWatch on MSN · 1d

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.

The Financial Times · 1d

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,

3hon MSNOpinion

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, ...

The Price-Inflation Paradox: How Tariffs Really Affect The Economy

Price changes that result from tariffs typically occur all at once. Inflation, however, reflects stimulus to the economy in ...

Tariffs: Only Transitory Inflation

A large universal tariff on Canada and Mexico coupled with a tax cut is not a recipe for inflation bliss, but it remains to ...

2hon 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 ...

The Indianapolis Star3d

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 ...

16h

US to decide on another round of solar panel tariffs

Chinese manufacturers have responded to US solar tariffs by moving their massive operations to nations where they will not ...

2don MSN

Inflation may reach these levels on Trump tariffs on Canada, Mexico, chart shows

Trump’s threatened tariffs on Canada and Mexico may boost inflation in the U.S., but there’s still “huge uncertainty” around ...

2don MSN

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 ...

2don 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 ...

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 ...

2don 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.

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