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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. That won’t stop the central bank 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. tariffs from the incoming Trump administration adds to the gloom over weak growth.
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.
9d
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 ...
3d
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 ...
4d
on MSN
Trump's tariffs on Mexico, Canada would sharply boost inflation, hurt economy, experts say
President-elect Donald Trump's threatened tariffs on imports from Mexico and Canada would reignite inflation in 2025, hurt ...
12h
on MSN
Rush orders, cut costs, 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 ...
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 ...
2d
on MSN
Trump’s tariffs in his first term did little to alter the economy, but this time could be different
Donald Trump loved to use tariffs during his first presidency. But their impact was barely noticeable in the overall economy, ...
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 ...
Opinion
15h
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, ...
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