Trump's Tariffs Will Send Inflation Higher, Hurt Exporters
Tuesday, 4 March 2025 () 7 min ago Trump's Tariffs Will Send Inflation Higher, Hurt Exporters President Donald Trump's tariffs imposed overnight on Canada, Mexico and China will be enough to push PCE inflation back toward 3% in the second half of this year, Capital Economics' Paul Ashworth said in a note. Markets…
Trump has confirmed a new wave of tariffs set to take effect on March 4, targeting imports from Mexico, Canada, and China. A 25% tariff will be imposed on goods from Mexico and Canada, while an additional 10% duty will be placed on Chinese imports due to ongoing concerns over fentanyl trafficking....
US Republican Congressman Joe Wilson has proposed creating a $250 bill featuring Donald Trump’s image to honor his economic policies. Wilson argues inflation has increased the need for higher-value..
Donald Trump has hinted that a trade deal may be on the cards with the UK which would allow for tariffs between the two nations to be lifted. The US President called Prime Minister Sir Keir Starmer a..
During a joint press conference with UK Prime Minister Keir Starmer, US President Donald Trump abruptly cut him off, saying, "That's enough, thank you." This came as Starmer responded to a..
Tuesday, 4 March 2025 ()
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