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inflation, Trump and Tariffs
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.
Inflation-weary consumers likely to see another round with new Trump tariffs
Members of Trump’s transition team have pushed back against the idea that tariffs would spark widespread inflation. Even if some prices rise, those increases would be offset by lower demand elsewhere, Treasury Secretary pick Scott Bessent said in a recent radio interview.
Inflation may reach these levels on Trump tariffs on Canada, Mexico, chart shows
Trump’s threatened tariffs on Canada and Mexico may boost inflation in the U.S., but there’s still “huge uncertainty” around macroeconomic forecasts, according to Deutsche Bank Research.
Inflation rose to 2.3% in Europe
Euro-Zone Inflation Accelerates But Won’t Derail ECB Rate Cuts
Euro-area inflation climbed above the European Central Bank’s 2% target, though officials are unlikely to be deterred from continuing to lower interest rates next month and beyond.
Inflation rose to 2.3% in Europe, but that won’t stop the ECB from cutting interest rates
Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. import tariffs from the incoming Trump administration adds to the gloom over weak economic growth.
Eurozone inflation rose to 2.3% in November
Eurozone inflation rose to 2.3 per cent in November, exceeding the European Central Bank’s target for the first time in three months. Friday’s rise in consumer prices was in line with economists’ expectations and surpassed October’s figure of 2 per cent,
2d
Tariffs: Only Transitory Inflation
A large universal tariff on Canada and Mexico coupled with a tax cut is not a recipe for inflation bliss, but it remains to ...
8d
The Price-Inflation Paradox: How Tariffs Really Affect The Economy
Price changes that result from tariffs typically occur all at once. Inflation, however, reflects stimulus to the economy in ...
1d
on MSN
Tariffs would undo Fed's progress on inflation, says Capital Area Planning's Malcolm Ethridge
Malcolm Ethridge, Capital Area Planning Group managing partner, and Stephen Stanley, Santander U.S. Capital Markets chief U.S ...
The Indianapolis Star
3d
Trump's tariffs on Mexico, Canada would sharply boost inflation, hurt economy, experts say
The
tariffs
President-elect Donald Trump has threatened to impose on imports from Mexico and Canada would significantly ...
The Highland County Press
6h
Trump vow to impose stiff tariffs at odds with anti-inflation campaign message, Dems say
In a pair of posts to his social media platform, Truth Social, on Monday evening, Trump said on his first day in office he would impose 25-percent tariffs on all imports from Canada and Mexico and ...
3d
on MSN
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.
1d
Zambian Inflation Surges as Power Tariffs Increased by 115%
Zambia’s annual inflation rate jumped to its highest level in three years in November as the nation’s worst drought in more ...
2d
on MSN
Trump tariffs could make these items more expensive
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
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