Markets are betting Trump’s bark is worse than his bite. Consumers are not
1 month, 2 weeks ago

Markets are betting Trump’s bark is worse than his bite. Consumers are not

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. New York CNN — The last thing anyone needs is another Hot Take about how President Donald Trump’s tariffs are rooted in unsound logic, are almost certain to make prices go up for American consumers, and will possibly even careen the world’s biggest economy into a ditch. But a question I hear about the tariff debate now and then on social media or around the metaphorical water cooler is: “So what?” The implication is that maybe we should all stop clutching our pearls and take a cue from Wall Street, where bankers are in a kind of vinyasa flow, om-ing through the chaos of Trump’s trade battles with Canada and Mexico — a skirmish that even the Wall Street Journal editorial page called the “dumbest trade war in history.” If the stock market isn’t worried, maybe the Trump tariff agenda isn’t actually the disaster economists predicted. They’re humming along on the upsides of Friday’s jobs report, and casting their eyes forward to the January Consumer Price Index due Wednesday, plus Fed Chair Jay Powell’s testimony on the Hill starting Tuesday. But even the seemingly performative chaos — plans for the US to take over Gaza, say, or Greenland, or imposing so many tariffs it’ll magically undo decades of globalization — has a real-world impact.

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History of this topic

Trump announces 25 percent tariffs on cars, ramping up trade war
Trending News
16 hours, 17 minutes ago

Trump announces 25 percent tariffs on cars, ramping up trade war

Al Jazeera  

US president’s announcement prompts swift backlash from trading partners, including the European Union, Canada and Japan United States President Donald Trump has announced a 25 percent tariff on imported cars and car parts, his latest salvo in a widening trade war that has stoked tensions with partners and allies. “This is very modest.” Calling the move “exciting”, Trump, who has …

Trump has begun another trade war. Here’s a timeline of how we got here
1 day, 21 hours ago

Trump has begun another trade war. Here’s a timeline of how we got here

Associated Press  

NEW YORK — Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a global trade war — all while on-again, off-again new levies continue to escalate uncertainty. On his first day in office, Trump also says he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to immediately flesh out plans …

Why Trump's tariffs aren't spooking Dalal Street investors anymore
3 days, 16 hours ago

Why Trump's tariffs aren't spooking Dalal Street investors anymore

India Today  

When US President Donald Trump announced his plan to impose reciprocal tariffs from April 2, global markets took a hit, and Dalal Street saw a sharp sell-off. The previous week was the best for Nifty since 2021 and many stocks that had seen prolonged corrections have started gaining as the market rally continues to gain momentum. Devarsh Vakil, Head of …

Trump’s tariff problem: He might need a third or fourth term to reindustrialize America
1 week, 2 days ago

Trump’s tariff problem: He might need a third or fourth term to reindustrialize America

CNN  

New York CNN — President Donald Trump is on a mission to restore American manufacturing prowess by using his favorite tool: massive tariffs on foreign imports. “The higher it goes, the more likely it is they’re going to build,” Trump told leading CEOs last week at The Business Roundtable, referring to tariffs. “Since President Trump was elected, industry leaders have …

Fox News’ Trey Gowdy Takes A Bite Out Of Trump Policy With Movie-Themed Burn
1 week, 3 days ago

Fox News’ Trey Gowdy Takes A Bite Out Of Trump Policy With Movie-Themed Burn

Huff Post  

LOADING ERROR LOADING Fox News host Trey Gowdy on Sunday served up a “Silence of the Lambs”-inspired quip to critique the fallout from President Donald Trump’s economic agenda. “I’ve been watching ‘Silence of the Lambs’ because it’s less scary for me than looking at the stock market,” Gowdy, a Republican former South Carolina congressman, told Forbes Editor-in-Chief Steve Forbes during …

US Sentiment Drops, Price Expectations Soar on Tariffs
1 week, 3 days ago

US Sentiment Drops, Price Expectations Soar on Tariffs

Live Mint  

-- US consumer sentiment fell to a more than two-year low and long-term inflation expectations jumped by the most since 1993, illustrating growing apprehension about the economic impact from tariffs. The preliminary March sentiment index dropped to 57.9, the lowest level since November 2022, from 64.7 a month earlier, according to University of Michigan data issued Friday. As the scope …

'Democrats have an opening': Trump tariffs could have critics 'flipping the script' on GOP
1 week, 6 days ago

'Democrats have an opening': Trump tariffs could have critics 'flipping the script' on GOP

Raw Story  

Donald Trump's trade war gives Democrats the perfect opening to go after his economic policies if they have the stomach to pounce, argues a new article from Politico. Democratic leadership has been criticized for failing to construct a clear message on the upcoming spending bill vote, and they've been equally ambivalent on criticizing Trump's sweeping tariffs that have fomented fears …

American consumer sentiment plunges on trade war fears
1 week, 6 days ago

American consumer sentiment plunges on trade war fears

CNN  

Washington CNN — The Trump bump in consumer sentiment is now a Trump slump. Americans’ expectations for inflation in the year ahead climbed to 4.9% this month from 4.3%, the highest level since November 2022 “and marking three consecutive months of unusually large increases of 0.5 percentage points or more,” according to a release. “And the biggest driver of consumption …

Key consumer sentiment gauge plunges amid concern over Trump trade wars
1 week, 6 days ago

Key consumer sentiment gauge plunges amid concern over Trump trade wars

Politico  

The sentiment numbers are the latest sign of worry caused by Trump’s trade wars alongside sustained drops in the stock market as investors react to the fallout from higher tariffs on China, Mexico and Canada, and on steel and aluminum from U.S. allies. Treasury Secretary Scott Bessent dismissed concern about the stock market, saying the administration is more concerned with …

American consumer sentiment plunges on trade war fears
1 week, 6 days ago

American consumer sentiment plunges on trade war fears

CNN  

Washington CNN — The Trump bump in consumer sentiment is now a Trump slump. Americans’ expectations for inflation in the year ahead climbed to 4.9% this month from 4.3%, the highest level since November 2022 “and marking three consecutive months of unusually large increases of 0.5 percentage points or more,” according to a release. “And the biggest driver of consumption …

Bears take charge as trade war fears choke recovery hopes
1 week, 6 days ago

Bears take charge as trade war fears choke recovery hopes

Live Mint  

By Jamie McGeever ORLANDO, Florida, - TRADING DAY Making sense of the forces driving global markets Well, that didn't last long. What's more, a market or economic downturn may not be as deflationary as previous slumps because any downturn now would likely be driven partly by the import tariffs President Donald Trump is threatening to impose – and tariffs risk …

Market strategist calls Trump tariffs 'trade barriers' that will lead to 'stagflation'
1 week, 6 days ago

Market strategist calls Trump tariffs 'trade barriers' that will lead to 'stagflation'

Raw Story  

Ed Yardeni, whom CNBC calls "one of the biggest bulls on Wall Street," claimed President Donald Trump’s extensive tariffs are raising the risk of "stagflation." CNBC reported that Yardeni sent a note to clients Thursday, saying, “It has dawned on Wall Street that President Trump’s tariffs aren’t negotiating chips to help the U.S. lower tariffs around the world, promoting free …

Trump Now Threatens Massive 200% Tariff On European Alcohol As Trade War Intensifies
Trending News
2 weeks ago

Trump Now Threatens Massive 200% Tariff On European Alcohol As Trade War Intensifies

ABP News  

In a move that marks a sharp escalation in the ongoing trade dispute between the US and the European Union, President Donald Trump has threatened to impose a 200% tariff on alcoholic beverages from EU nations in response to the latter's 50% tariff on American spirits. "The European Union, one of the most hostile and abusive taxing and tariffing authorities …

How Trump’s trade war could quickly spiral out of control
2 weeks ago

How Trump’s trade war could quickly spiral out of control

CNN  

New York CNN — It started with tariffs, but the trade war is quickly escalating beyond import taxes into a broader tit-for-tat battle. Tariffs are ‘Trump’s Windex’ The trade war escalation has alarmed investors, CEOs and economists — not to mention a growing chunk of the American public. But I do have to say that in this case, the US …

How Trump’s trade war could quickly spiral out of control
2 weeks ago

How Trump’s trade war could quickly spiral out of control

CNN  

New York CNN — It started with tariffs, but the trade war is quickly escalating beyond import taxes into a broader tit-for-tat battle. Tariffs are ‘Trump’s Windex’ The trade war escalation has alarmed investors, CEOs and economists — not to mention a growing chunk of the American public. But I do have to say that in this case, the US …

Fox News Host Has A 'Money' Response For Her Colleague's Take On Trump's Tariffs
2 weeks, 1 day ago

Fox News Host Has A 'Money' Response For Her Colleague's Take On Trump's Tariffs

Huff Post  

LOADING ERROR LOADING Fox News’ Jessica Tarlov clashed with Jeanine Pirro, co-host of “The Five,” on Tuesday for defending President Donald Trump’s trade war with Canada. “So stop with the tariffs, it’s the leverage that we need to protect ―” said Pirro, before Tarlov interjected: “He needs to stop the tariffs.” “No, no, no. Elsewhere on “The Five,” Tarlov hit …

It Really Is Trump’s Party Now
2 weeks, 1 day ago

It Really Is Trump’s Party Now

Politico  

There’s only one explanation for this topsy-turvy new reality in the Capitol, and it’s President Donald Trump. “He’s never lied to me,” Burchett said about Trump, citing a conversation where the president promised to continue making cuts through his Department of Government Efficiency initiative. “They slipped in a little clause letting them escape ever having to debate or vote on …

The engine that fueled the Biden economy is sputtering under Trump
2 weeks, 1 day ago

The engine that fueled the Biden economy is sputtering under Trump

CNN  

New York CNN — American consumers – and their wallets – are the engine of the economy. The Trump administration has said it’s trying to “turn back the economic plague unleashed by the Biden Administration.” But American business leaders are now sounding the alarm about consumers freezing up, in part due to Trump’s policies. Kevin Carter/Getty Images Trump’s tariffs have …

"Don’t know what this is gonna look like tomorrow": Trump advisers, allies spooked by tariff chaos
2 weeks, 1 day ago

"Don’t know what this is gonna look like tomorrow": Trump advisers, allies spooked by tariff chaos

Salon  

You don't need to venture far from the Oval Office to find critics of President Donald Trump's chaotic economic agenda. That's the news from the Wall Street Journal, who spoke with insiders in Trump's White House and found that the volatile stock market and tariff-induced uncertainty have rattled senior officials like Chief of Staff Susie Wiles. “Every member of the …

Trump defends tariff decisions as hardline trade agenda spooks markets and allies
2 weeks, 2 days ago

Trump defends tariff decisions as hardline trade agenda spooks markets and allies

CNN  

Washington CNN — President Donald Trump waited to appear in public on Tuesday until the final hour of trading on Wall Street, when he stepped out of the Oval Office to forcefully defend his whipsaw tariff decisions that have roiled the financial markets. Earlier in the day, the White House touted fresh job-creating investments and blamed policies of the Biden …

Trump doubles planned tariffs on Canadian steel and aluminum to 50% as trade war intensifies
Trending News
2 weeks, 2 days ago

Trump doubles planned tariffs on Canadian steel and aluminum to 50% as trade war intensifies

New Indian Express  

WASHINGTON: President Donald Trump said that he will double his planned tariffs on steel and aluminum from 25% to 50% for Canada, escalating a trade war with the United States' northern neighbor. Trump said the increase of the tariffs set to take effect on Wednesday is a response to the price increases that the provincial government of Ontario put on …

Trade war intensifies: Trump doubles down on Canadian tariffs and economic pressure
2 weeks, 2 days ago

Trade war intensifies: Trump doubles down on Canadian tariffs and economic pressure

India Today  

President Donald Trump says that he will double his planned tariffs on steel and aluminum from 25% to 50% for Canada, escalating a trade war with the United States’ northern neighbor. “I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff, to 50%, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF …

This is no way to run a trade war
2 weeks, 3 days ago

This is no way to run a trade war

Live Mint  

Thousands of U.S. companies opened for business on Friday with no idea whether they had to pay tariffs. But when he defends his tariffs on Canada, Mr. Trump cites America’s trade deficit and claims revenue from the tariffs will pay for tax cuts. Faced with Mr. Trump’s tariff threats, Canadian, Mexican and European officials have indicated that they are open …

Tariff wars are often short. Their legacies aren’t.
2 weeks, 3 days ago

Tariff wars are often short. Their legacies aren’t.

Live Mint  

President Trump’s start-and-stop expansion of tariffs on trading partners has no analog in modern history. President George W. Bush’s tariffs on steel products raised costs for many companies. The uncertainty has already dampened consumer confidence and boosted inflation expectations, with Boston Fed researchers estimating that Trump’s early tariff proposals could add 0.5 to 0.8 percentage point to core inflation depending …

Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices
2 weeks, 4 days ago

Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices

Live Mint  

WEST PALM BEACH, Fla. — President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn't ruling out the possibility of a recession this year. After imposing and then quickly pausing 25% tariffs on imports from Mexico and Canada that sent …

Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices
Top News
2 weeks, 4 days ago

Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices

Associated Press  

WEST PALM BEACH, Fla. — President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn’t ruling out the possibility of a recession this year. After imposing and then quickly pausing 25% tariffs on imports from Mexico and Canada that sent …

Trump downplays business concerns about uncertainty from his tariffs, prospect of higher prices
2 weeks, 4 days ago

Trump downplays business concerns about uncertainty from his tariffs, prospect of higher prices

LA Times  

President Trump waves before departing on Marine One from the South Lawn of the White House on Friday in Washington. After imposing and then quickly pausing 25% tariffs on imports from Mexico and Canada that sent markets tumbling over concerns of a trade war, Trump said his plans for broader “reciprocal” tariffs will go into effect April 2, raising them …

Trump tariffs: How the White House is killing hobbies like vinyl collecting, arts and crafts, and tabletop gaming.
2 weeks, 5 days ago

Trump tariffs: How the White House is killing hobbies like vinyl collecting, arts and crafts, and tabletop gaming.

Slate  

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Jim Henderson, a co-founder of the iconic California record store Amoeba Music, told me that he and his fellow indie-chain executives had been “dreading Trump’s tariff bonanza” since the 2024 election. One Blu-ray forum post from the day after …

'Uncertainty among Republicans': Analyst says GOP losing confidence in tariffs
2 weeks, 5 days ago

'Uncertainty among Republicans': Analyst says GOP losing confidence in tariffs

Raw Story  

Republican lawmakers are growing increasingly shaky on support for President Donald Trump's tariffs as the economic bill comes due, CNN Washington Bureau Chief David Chalian told anchor Jake Tapper on Friday afternoon. He continues to announce new tariffs, today declaring a 250 percent tax on dairy products from Canada — but for the second time since taking office, instituted a …

Trump’s tariff war: The intended and unintended consequences
2 weeks, 6 days ago

Trump’s tariff war: The intended and unintended consequences

Live Mint  

This week, the new US president addressed the US Congress in what turned out to be the longest speech in history. Most recently, reciprocal tariffs have been threatened wherein somehow, ignoring the economics of demand and supply, the US would impose the same tariff on other countries, as is imposed on them by those countries. In Trump’s own words, because …

Trump's Erratic Trade Policies Are Baffling Businesses, Threatening Investment And Economic Growth
2 weeks, 6 days ago

Trump's Erratic Trade Policies Are Baffling Businesses, Threatening Investment And Economic Growth

Huff Post  

Workers harvest cabbage Wednesday, March 5, 2025, on a field less than ten miles from the border with Mexico, in Holtville, Calif. via Associated Press WASHINGTON — Marc Rosenberg, founder and CEO of The Edge Desk in Deerfield, Illinois is getting ready to introduce a fancy ergonomic chair designed to reduce customers’ back pain and boost their productivity. “Past trade …

'Freaked out' Trump backed off tariff plan after seeing markets tank: MSNBC analyst
2 weeks, 6 days ago

'Freaked out' Trump backed off tariff plan after seeing markets tank: MSNBC analyst

Raw Story  

President Donald Trump is less concerned about how the American people are faring from his back-and-forth on tariffs than he is on how the stock market is reacting, according to an MSNBC political analyst. During a Thursday broadcast that aired shortly after Trump reversed course on Mexico tariffs, anchor Chris Jansing asked, "Is there any consideration at all for the …

‘Bear with me': Donald Trump’s message to US farmers and consumers bracing for tariff effects
Trending News
3 weeks ago

‘Bear with me': Donald Trump’s message to US farmers and consumers bracing for tariff effects

Hindustan Times  

Farmers and meat producers across the U.S. can expect the new tariffs on Mexico, Canada, and China and the retaliatory action from those countries to hurt their bottom lines by billions of dollars if they stay in place a while, and consumers could quickly see higher prices for produce and ground beef. Plus, President Donald Trump could offer farmers significant …

Businesses are struggling under Trump’s chaotic tariff back-and-forth
Trending News
3 weeks ago

Businesses are struggling under Trump’s chaotic tariff back-and-forth

CNN  

New York CNN — The Tariff Man sequel is proving to be even more confusing and chaotic than the original. “It’s frustrating and stressful,” Trevor Frampton, who owns a feed and pet supply store in Santa Rosa, California, said of the back-and-forth nature of the tariff threats. Businesses have recently expressed growing concern about trade policy, according to the “Beige …

Businesses are struggling under Trump’s chaotic tariff back-and-forth
Trending News
3 weeks ago

Businesses are struggling under Trump’s chaotic tariff back-and-forth

CNN  

New York CNN — The Tariff Man sequel is proving to be even more confusing and chaotic than the original. “It’s frustrating and stressful,” Trevor Frampton, who owns a feed and pet supply store in Santa Rosa, California, said of the back-and-forth nature of the tariff threats. Businesses have recently expressed growing concern about trade policy, according to the “Beige …

'Going to be big': Car dealer warns major price increases coming thanks to Trump
3 weeks ago

'Going to be big': Car dealer warns major price increases coming thanks to Trump

Raw Story  

President Donald Trump's tariffs are already causing consternation among car dealers, who are warning that blanket tariffs on all products from Mexico and Canada are going to massively jack up car prices for consumers. “I’m not sure the consumer has caught on yet to how much cars are going to go up, but it’s going to be big.” As cars …

Trump’s tariffs whack Trump voters
3 weeks, 1 day ago

Trump’s tariffs whack Trump voters

Live Mint  

President Trump won the Presidency a second time by promising working-class voters he’d lift their real incomes. Tariffs are taxes, and Mr. Trump’s latest tariffs are estimated to be about an annual $150 billion tax increase. That’s the message investors are sending this week since Mr. Trump let his 25% tariffs on Canada and Mexico take effect. Target CEO Brian …

Jittery Republicans Fear Trump Tariffs Will Cause 'Disaster,' Hike Prices
3 weeks, 1 day ago

Jittery Republicans Fear Trump Tariffs Will Cause 'Disaster,' Hike Prices

Huff Post  

LOADING ERROR LOADING WASHINGTON — President Donald Trump’s trade war with three of America’s largest trading partners — Mexico, Canada and China — has unnerved congressional Republicans who worry about their constituents paying higher prices on goods and a broader downturn in the U.S. economy. “I assume I’m going to hear from farmers to contact the secretary of commerce to …

'It ain't happening': CNN's Bash scoffs as key Trump campaign promise goes up in smoke
3 weeks, 1 day ago

'It ain't happening': CNN's Bash scoffs as key Trump campaign promise goes up in smoke

Raw Story  

President Donald Trump's mandate from American voters to lower the cost of living — starting with eggs, for instance — has taken a far back seat to his desire to wield the power of tariffs on friends and foes alike. On Tuesday, 25 percent tariffs went into effect on all Mexican and Canadian goods coming into the United States, a …

Retailers warn Americans to pay more after Trump launches trade war: Report
3 weeks, 2 days ago

Retailers warn Americans to pay more after Trump launches trade war: Report

Firstpost  

Hours after President Donald Trump’s long-threatened tariffs against Canada and Mexico and his hike in levies on China came into effect on Tuesday, CEOs of two large retailers in the US said shoppers are likely to see prices rise as a result of the tariffs, according to a report Hours after President Donald Trump’s long-threatened tariffs against Canada and Mexico …

America First: Donald Trump Imposes Fresh Tariffs On Canada, China, Mexico, Triggers Trade War Concerns
3 weeks, 2 days ago

America First: Donald Trump Imposes Fresh Tariffs On Canada, China, Mexico, Triggers Trade War Concerns

ABP News  

US President Donald Trump’s fresh tariffs on Mexico and Canada became effective on Tuesday. US Tariffs On China Doubled Earlier last month, the US imposed a 10 per cent tariff on Chinese goods as a punishment for the Asian economy over the fentanyl overdose crisis in the US. The recent additional 10 per cent takes the overall duties on Chinese …

How economists would enact Trump’s trade goals. Hint: not like this.
3 weeks, 2 days ago

How economists would enact Trump’s trade goals. Hint: not like this.

Live Mint  

With tariffs poised to take effect on Tuesday on products from Canada and Mexico, plus threats of levies on imports from the European Union, one thing is clear: President Donald Trump likes the number 25. “There’s nothing magical, useful, or relevant about the number 25%," University of Michigan professor of public policy and economics Justin Wolfers tells Barron’s. Michael Klein, …

Trump tariffs usher in new era of protectionism
3 weeks, 2 days ago

Trump tariffs usher in new era of protectionism

Live Mint  

The U.S. economy entered a new era at 12:01 a.m. Tuesday, as President Trump’s tariffs on imports from Mexico and Canada took effect. Trump also has said that tariffs would lead to more manufacturing in the U.S. ​​“So they’re going to have a tariff, and what they have to do is build their car plants, frankly, and other things, in …

Trump’s new tariffs are set to be his most extreme ever
3 weeks, 2 days ago

Trump’s new tariffs are set to be his most extreme ever

Live Mint  

He has actually gone and done it. President Donald Trump had long threatened to impose hefty tariffs on Canada and Mexico, America’s two biggest trading partners. Contrary to Mr Trump’s belief that tariffs generate lots of revenue, those on Canada, China and Mexico will probably bring in little more than $100bn a year for the federal government, or about 2% …

‘He Finally Shot the Hostage’: Trump’s Trade War Is a Brutal Reality Check
3 weeks, 2 days ago

‘He Finally Shot the Hostage’: Trump’s Trade War Is a Brutal Reality Check

Politico  

Everyone should have seen this coming. “He finally shot the hostage.” Trump’s move to shatter supply chains across North America is a stunning development, no matter how foreseeable, and it’s changing the U.S. outlook fast. Though Trump told reporters in early February that Americans could feel “some pain” from the trade wars, he and his advisers have argued tariffs aren’t …

'Recession is coming': Critics outraged as Trump vows steep tariffs imminent
3 weeks, 2 days ago

'Recession is coming': Critics outraged as Trump vows steep tariffs imminent

Raw Story  

President Donald Trump says he's done delaying the massive tariffs he planned to enact on America's neighbors, telling reporters Monday: "No room left for Mexico or for Canada. "You can watch the stock market tank in the bottom corner of Fox's broadcast as Trump talks about tariffs," wrote independent journalist Aaron Rupar. "Trump just made a new announcement about tariffs …

Trump’s tariff tactics carry higher economic risks than during his first term
3 weeks, 2 days ago

Trump’s tariff tactics carry higher economic risks than during his first term

Associated Press  

WASHINGTON — When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and import taxes on U.S. trading partners created chaos, generated drama -- and drew criticism from mainstream economists who favor free trade. “That tamped down the impact.’’ This time, by contrast, the tariffs are across the board – …

Trump tariffs poised to 'wreak havoc' on US car market: Bloomberg
3 weeks, 3 days ago

Trump tariffs poised to 'wreak havoc' on US car market: Bloomberg

Raw Story  

President Donald Trump's threatened tariffs on Mexico and Canada are poised to massively jack up prices for new cars in the United States, Bloomberg reports. In fact, Bloomberg writes that the tariffs "risk driving up US car prices by as much as $12,000, further squeezing consumers and wreaking havoc across the intricate web of automotive supply lines spanning the continent." …

Trump’s tariff chaos threatens an economy already flashing yellow lights
3 weeks, 3 days ago

Trump’s tariff chaos threatens an economy already flashing yellow lights

CNN  

CNN — The health of the US economy is looking less and less stable by the day. Commerce Secretary Howard Lutnick told CNN’s Pamela Brown and Wolf Blitzer on Monday he expects the president to make a final decision “this afternoon.” Those tariffs — if they get imposed — could increase costs for Americans at a time when inflation remains …

Trump’s tariff chaos threatens an economy already flashing yellow lights
3 weeks, 3 days ago

Trump’s tariff chaos threatens an economy already flashing yellow lights

CNN  

CNN — The health of the US economy is looking less and less stable by the day. Commerce Secretary Howard Lutnick told CNN’s Pamela Brown and Wolf Blitzer on Monday he expects the president to make a final decision “this afternoon.” Those tariffs — if they get imposed — could increase costs for Americans at a time when inflation remains …

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