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Trump’s combustible mix: tariffs, inflation, and Fed meddling
Financial news has been breaking fast and furious, thanks to President Trump. Over the past week, he has: Escalated threats of sharply higher tariffs on major trading partners that don’t cut trade deals with him by the end of the month.
As inflation rises up once again, the White House is doubling down on its tariff plans for countries around the world.
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Trump doubles down on tariff planAs inflation begins to creep up, once again, the White House has doubled down on its tariff plan, claiming the savings are ...
President Donald Trump swept into office in January with a promise to tackle what he called the "inflation crisis" that had ...
The report of robust spending coincides with warnings by several Federal Reserve officials that import duties in coming ...
The average effective tariff rate has been around 16%, Morgan Stanley Wealth Management calculates, 5 times higher than the past average of 3%.
Lifted a ban on sales of powerful computer chips to China, potentially helping the US’s top rival close the gap in the AI race. Told GOP lawmakers he would soon fire Federal Reserve Chair Jerome ...
Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a ...
WASHINGTON (AP) — Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, ...
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