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.
Oil watchers say inflation risks will stave off Trump's Canada tariff threat
"If we were to see a 25% tariff on Canadian energy exports ... on the premise that the Trump administration is focused on reducing energy costs. Trump cannot allow inflation to get out of control in the 15 months before the midterm election season ...
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 drive inflation up by nearly 1%, Goldman Sachs estimates.
Mexico's president says Trump tariffs will worsen inflation
President of Mexico Claudia Sheinbaum says Trump's threat of 25% tariffs would cause inflation for both countries.
Mexico and Canada push back against Trump’s tariff threats
Mexico is the top U.S. trading partner, and Canada is not far behind. Mexico’s president has vowed to retaliate with her own tariffs on American goods.
Mexico warns Trump tariffs would kill 400,000 US jobs, threatens retaliation
By Sarah Morland, Raul Cortes and Brendan O'BoyleMEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S. President-elect Donald Trump followed through with his proposed 25% across-the-board tariff,
Michigan members of Congress react to Trump's threat of tariffs on Canada, Mexico
The president-elect says he would impose tariffs on all imports from Canada and Mexico, which could hurt the auto industry.
Trump tariffs on Canada imports could lead to sharply higher gas prices, experts warn
Donald Trump's proposed tariffs on Canada could increase U.S. gas prices by up to 70 cents a gallon, energy experts say.
Trump's proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates
The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.
U.S.-Europe Trade War Could Nudge Inflation Higher, ECB’s Lagarde Says
A tariff war between the U.S. and Europe could drive up inflation a little in the short term, European Central Bank President ...
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, ...
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Eric Trump Cheers For Daddy’s Inflation-By-Tariff Plan
Eric Trump was so busy cheering for Daddy Trump’s tariffs, he “forgot” how badly they would hurt regular Americans in the ...
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 ...
What is a tariff and how does it work? Here's what some experts say a tariff can cause
President-elect Donald Trump said he will impose a 25% tariff on all goods from Mexico and Canada when he takes office in ...
US economy holds firm in early Q4; inflation stuck above Fed's target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
What To Expect From November’s CPI Inflation Report
The November Consumer Price Index report will be released on December 11. A slight increase in headline inflation is expected ...
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 on foreign goods during his first presidency. But their impact was barely noticeable in the ...
Trump's policies may pose medium-term risk to inflation, New Zealand central bank official says
A top New Zealand central banker said on Thursday that U.S. President-elect Donald Trump's economic policies could pose a ...