Trump, Tariffs and Inflation
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For investors, the risk now is that the slow drip of news on tariffs leads to complacency about the damage they might cause-the Nasdaq stock index closed a record high yesterday.
Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.
US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch. Consumer prices rose 0.3% last month,
A number of factors, including a lack of significant gains in auto prices, are masking the extent of the shift.
4don MSN
The hottest question in economics is why the massive price hikes tariffs were supposed to bring still haven’t materialized halfway through 2025.
What do Trump voters think of his tariffs? A new poll finds a “rare” divide in the president’s base. Photo from the White House President Donald Trump’s sweeping overhaul of American trade policy has triggered a unique rift among his supporters,