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Trump Threatens China, Mexico And Canada With New Tariffs
Trump's tariffs on Mexico, Canada would sharply boost inflation, hurt economy, experts say
President-elect Donald Trump's threatened tariffs on imports from Mexico and Canada would reignite inflation in 2025, hurt the economy, experts say.
Mexico may retaliate with its own tariffs after Trump threat, new president says
Mexican President Claudia Sheinbaum has clapped back at President-elect Trump’s proposed 25% tariff on imported goods from Mexico, saying she would impose tariffs of her own on the U.S.
How Trump’s Tariffs Could Impact Top Imports From Mexico, Canada, and China
Economists worry that Trump's tariff plan will raise the prices of a range of imported goods, from cars to electronics.
Key inflation metric rises 0.2% in Oct., 2.3% annually
Key inflation metric rises 0.2% in October, 2.3% annually, in line with expectations
Personal Consumption Expenditures inflation in October rose 0.2%, an increase of 2.3% from a year ago. The Wednesday estimate from the Bureau of Economic Analysis was in line with Dow Jones expectations.
Fed's preferred inflation gauge expected to stall again in October
October's increase in the core PCE (personal consumption expenditure) price index is expected to hang out at +0.3% month-over-month, the same as in September, according to economists' consensus. It highlights the difficulty in wringing the last bit of disinflation out of the current inflation rate to bring it down to the Federal Reserve's 2% goal.
Fed's preferred inflation gauge rises to 2.3% annually, meeting expectations
Inflation edged higher in October as the Federal Reserve is looking for clues on how much it should lower interest rates, the Commerce Department reported Wednesday. The personal consumption expenditures price index,
23m
on MSN
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 ...
Yahoo
23h
Mexico's president says Trump tariffs will worsen inflation
Why put a tax on them that puts them at risk? It is not acceptable and would cause the U.S. and
Mexico
inflation
and job ...
5d
Mexico's cooling inflation and economy growth drive expectations of further rate cuts
Mexico's statistics agency INEGI released data on Friday showing that inflation slowed more than expected, while growth ...
5d
Slowing Mexico Inflation and Growth Open Door to Larger Cut
Mexico’s inflation decelerated in early November while the economy continues to lose momentum, giving the central bank room ...
2h
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 ...
20h
Trump Vows Tariffs Over Immigration. What the Numbers Say About Border Crossings, Drugs and Crime
President-elect Donald Trump is threatening tariffs on Mexico and Canada as he seeks to portray them as responsible for ...
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