Donald Trump, tariffs and Inflation
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Trump’s tariff push may raise consumer prices as import taxes drive up business costs and inflation concerns grow.
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Trump just said there's 'no inflation' in the US. But it's still higher than what the Fed wants.President Donald Trump says there's "no inflation," but the latest data shows the battle against rising prices is still going on, and they're rising faster than the Federal Reserve would like. In a post on Truth Social on Friday morning, the president ...
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Daily Voice on MSNInflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud OutlookInflation was relatively flat as President Donald Trump's sweeping tariffs went into effect in April, with lower grocery prices helping keep overall costs in check. Monthly inflation increased just 0.
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
A new national poll is one of the first to indicate a bump up in President Donald Trump's approval ratings, as new trade deals may ease inflation concerns.
US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.
New estimates show average earners would pay less under Trump-backed tax plan, despite inflation-driven concerns.