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 the economy, experts say.
Fears of trade wars, volatility and higher inflation: What analysts are saying about Trump's tariff plans
Donald Trump's plans could spark trade wars, fuel volatility, reignite inflation, and spur a flight to safety in markets, analysts said.
Voters trusted Trump on his tariffs approach. Analysts discuss the risks
President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration. Panelists join CNN’s Kaitlan Collins to discuss.
Mexico's president warns Trump's tariffs will worsen US inflation, kill jobs
President Claudia Sheinbaum Pardo said tariffs could cause more inflation and result in job losses for the U.S. and Mexico.
US trade partners warn Trump tariffs would harm all involved
In their initial round of responses to Trump's surprise announcement on Monday for a 25% tariff on imports from Canada and Mexico and an additional 10% levy on Chinese goods until they clamped down on illicit drugs and migrants crossing the border,
Trump tariff plan could raise prices, blow up his own trade deal with Mexico, Canada
Trump's plan for tariffs against Canada and Mexico could dramatically raise prices for Americans and threaten a trade agreement negotiated by his own administration.
Stock market today: Indexes trade mixed as investors digest Trump's latest tariff plans
Stocks wavered Tuesday as investors digested Trump's latest tariff plans, which he said would include a 25% tariff on imports from Canada and Mexico.
Inflation Isn't Going Down Without a Fight. What to Expect From the PCE Report.
The latest reading of the Federal Reserve’s preferred inflation measure should confirm that price growth remained stubbornly ...
Federal Reserve officials signal cautious path for rate cuts amid still-high inflation
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates ...
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.
PCE Inflation Report: October Price Growth Likely Remained Stubborn
The Bureau of Economic Analysis releases the latest reading of its personal consumption expenditures price index on Wednesday ...
Does government spending cause inflation, and did Biden-Harris make it worse?
Prices rose 2.6% between October 2023 and the same month in 2024, an unremarkable figure. Yet, inflation seems to be on ...
Inflation will keep falling next year despite fears of prices spiking under Trump, veteran economist Steve Hanke says
It's "nonesense" to expect Trump's policies to spark a resurgence of inflation in the coming years, economist Steve Hanke ...
Rise in underlying inflation to keeps rates pressure on RBA
Trimmed mean inflation increased to 3.5 per cent in October from 3.2 per cent in September, even as headline inflation ...
If Inflation Is Back, Protecting Against It Won’t Be Simple
Gold, oil and copper are all down since the election, even as inflation expectations have risen. Have they lost their ability ...
Fed's Key Inflation Measure Likely Stayed Above-Target In October
The Federal Reserve's preferred measure of inflation likely stayed too hot for comfort in October, though possibly not hot ...
Trump Trade Muddles Inflation Outlook in Fed’s Favorite Gauge
A stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve’s ...
Everyone on the Internet Is Wrong About Biden and Inflation
By now we are all familiar with the refrain that inflation cost Democrats the election. Critical accounts blame Joe Biden for ...
Major currencies consolidate as market regroups ahead of US inflation measure
The U.S. dollar steadied against major peers on Wednesday as investors continued to take stock of President-elect Donald ...