SEATTLE — The Trump Administration's tariff strategy is expected to hit Washington consumers hard, affecting everything from groceries to home construction. Proposed 25% tariffs on goods from Canada and Mexico are due to take effect March 4, in addition to tariffs on the European Union already announced.
In a December interview after winning the election for president, Donald Trump credited his win at the polls on two topics: immigration and the economy.
Investors have grappled with high inflation since the pandemic. But perhaps they shouldn't be so quick to dismiss inflation after all.
Wall Street is falling again Tuesday as U.S. households get more pessimistic about the economy because of inflation, tariffs and other policies coming from Washington.
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday.
The New Republic on MSN10d
Trump Has a Wild New Excuse for Why Inflation Isn’t His FaultInflation is up, but Donald Trump would sooner find any other ... Rent alone made up 30 percent of that increase, according to The Washington Post’s economic columnist Heather Long, who noted on X that the “core” consumer price index—which excludes ...
As the Federal Reserve focuses on achieving 2% inflation in setting monetary policy, Trump’s policies — especially on tariffs — are likely to complicate the picture.
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