Federal Reserve, Trump and Tariffs
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Should the president hold fast to his tougher-than-expected trade policy, there's a material risk of at least near-term costs.
From CNBC
US President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish.
From BBC
Morgan Stanley said on Thursday it expects the U.S Federal Reserve will not cut rates this year due to potential elevated inflation levels on the back of Trump's latest tariffs.
From Reuters
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Investor's Business Daily on MSNDow Jones, S&P 500, Nasdaq Suffer Worst Day Since 2020 As Trump Says Tariffs 'Going Very Well'; Jobs Report, Powell On TapDow Jones futures fell slightly overnight, after the Dow, S&P 500 and Nasdaq suffered their worst one-day declines since 2020. The March employment report and Federal Reserve Chairman Jerome Powell are on tap Friday.
President Donald Trump’s wide-ranging tariffs could slam US households for an extra $3,800 this year as the new levies cause inflation to spike, according to a new report. The president on Wednesday unveiled a reciprocal tariff plan including a 10% baseline tax on all imports and higher rates for certain trade partners – like a 54% total tax on China.
KEY TAKEAWAYS President Donald Trump enacted a 25% tariff on all cars made outside the United States Thursday, which could make it harder to afford already expensive car payments.Many Americans have problems affording their monthly car payments,
Donald Trump is expected to announce sweeping tariffs on what he's been calling "Liberation Day." Here's what we know.
P resident Donald Trump's widespread tariffs could put the U.S. economy "perilously close to slipping into recession" by driving up inflation and hurting consumer spending, JP Mor
As markets plummeted around the world Thursday following President Donald Trump's announcement of wide-ranging global tariffs, Trump predicted the U.S. markets and the country itself "are going to boom" as a result of his trade policies.