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Trump Hits China, Canada, Mexico with Tariffs
Trump's tariffs on Mexico, Canada, China would sock economy, lift inflation
By early afternoon Monday, Trump's 25% tariff on Canadian goods and a 10% tariff on Chinese goods still appeared on course to begin Tuesday. The Federal Reserve’s preferred annual inflation measure,
Trump tariffs on Canada and Mexico could drive up the cost of these products
President Trump imposed 25% tariffs on imports from Mexico and Canada starting Saturday, as well as an additional 10% tariff on imports from China. However, Mr. Trump on Monday said he was pausing the tariffs on Canada and Mexico for 30 days after both countries agreed to direct additional resources to their borders.
Inflation spike ahead? Trump imposes stiff tariffs on Canada, Mexico and China
The tariffs if sustained could cause inflation to significantly worsen, possibly eroding voters' trust that Trump could as promised lower the prices of groceries, gasoline, housing, autos and other goods.
The Washington Post
4d
Trump puts tariffs on Canada, Mexico and China, spurring trade war as North American allies respond
Energy imported from
Canada
, including oil ... Economic growth would slow and
inflation
would worsen, and the situation could be even worse with retaliation from other countries.
1d
on MSN
Dems claim Trump tariff could 'drive up' costs despite deflecting blame from Biden's inflation
Democratic lawmakers criticizing President Donald Trump's tariff on Canada, Mexico and China after supporting several tax ...
3h
on MSN
South Mississippi vendors feeling pinch as tariffs stoke inflation, trade war fears
While wallets typically get a little thinner during the winter months following the holidays, inflation has already affected local vendors.
13h
on MSN
Higher egg prices and more tariffs: What betting markets see for inflation and trade policy
Betting markets gained notoriety in 2024 for accurately predicting Trump's election win. Now, bettors are predicting the path ...
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