Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before he takes office.
Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed’s preferred measure. Yet yearly core ...
Dell shares dropped 12%, while mega-cap giants Nvidia, Meta, and Microsoft all ended lower. The stock market will be closed ...
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.
In carrying out campaign promises on trade and the border, Trump risks worsening the inflation dilemma that catapulted him to ...
The tariffs he imposed on China in his first term were continued by President Joe Biden, a Democrat who even expanded tariffs ...
The U.S. economy is currently in an uncertain state owing to changing policies and evolving consumer behavior. Thus, it could ...