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Trump, tariff

The Economist · 1h

Trump’s tariffs have so far caused little inflation

Even before Donald Trump’s “Liberation Day” tariffs on April 2nd, the median estimate among the 48 who were surveyed by the University of Chicago’s business school was that Mr Trump’s levies would raise inflation in 2025 by 0.

CBS News · 20h

What to expect as Trump's steep tariffs take effect

President Trump's 50% tariffs on foreign steel and aluminum took effect Wednesday. Meanwhile, Mr. Trump is expecting to speak with Chinese President Xi Jinping later this week about trade. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the latest economic data,

CNN on MSN · 1d

Trump’s tariff fallout? It’s worse than we previously thought, says OECD

President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development.

inflation, tariffs

ABC News on MSN · 16h

CBO says tariffs will shrink the economy and add to inflation but reduce the deficit

Nonpartisan Congressional Budget Office estimates that Trump’s tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.

CBS News on MSN · 1d

OECD forecasts a sharp economic slowdown and higher inflation in the U.S., citing tariffs

U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump administration.

Reuters on MSN · 1d

Fed's Goolsbee says tariffs could boost inflation quickly, take longer to slow economy

Chicago Federal Reserve President Austan Goolsbee on Tuesday said higher inflation from U.S. import tariffs could become evident quickly, but he said it would take longer to see a tariff-induced economic slowdown.

14hon MSN

Inflation data threatened by government hiring freeze as tariffs loom

The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring ...

2don MSN

Treasury secretary confronts CBS host over past tariff inflation predictions as rates hit 4-year-low

CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...

CNET on MSN1h

Tariffs Explained: Everything You Need to Know as Trump Doubles Another Tariff

While Donald Trump's wide-ranging taxes on imports face scrutiny in court, rates on steel and aluminum have been doubled.

5don MSN

Key U.S inflation gauge shows price growth cooled in April with little sign of tariff impact

Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.

5don MSN

April Inflation Milder Than Expected As Tariff Impact Still Muted

Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.

21hon MSN

Bank of Canada Holds Rate Steady as Economy Softens, Inflation Accelerates

The Bank of Canada left its main interest rate unchanged, at 2.75%, saying the economy has softened but not deteriorated, and ...

5hon MSN

Swedish flash inflation below forecast, strengthens rate cut hopes

Swedish inflation came in below forecasts in May, flash figures showed on Thursday, raising hopes that the central bank will ...

17hon MSN

4 Major Questions Are Lingering About Tariff-Related Inflation

Key Takeaways Tariffs' effects haven't shown up in official inflation measures yet, but retailers have said they are raising ...

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