Tariffs have played a small role so far in rising inflation
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Trump, Tariffs
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Trump Says He’s Open to Tariff Talks With EU
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Trump tariffs live updates: Trump announces deal with Indonesia, EU releases list of counter-tariffs
The announcement comes as Trump has pushed through his tariff agenda by unveiling a new batch of letters to over 20 trade partners outlining tariffs on goods imported from their c
While the direct effect of higher tariffs on inflation remained relatively moderate last month, there are signs that businesses are passing along the increased costs. Prices for household furnishings and operations,
Consumer prices rose faster than​ in May,​ with increases in furniture, clothing and other tariff-sensitive items​.
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The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove otherwise.
Brazilian meatpackers are weighing whether to make new shipments of beef products to the United States after President Donald Trump announced a 50% tariff on Brazil last week, Roberto Perosa, president of Brazilian beef lobby ABIEC,
The two countries are aiming for a 1 August deal even after Trump announced a new 35% tariff on imports from Canada last week.
Rachel Rozner, owner of Elden Street Tea Shop, recently purchased a wholesale tea company to attempt to avoid tariffs and charges from middlemen.
The 50% tariff that U.S. President Donald Trump plans to impose on Brazilian exports starting in August could have an impact on the revenues of planemaker Embraer similar to that of the COVID pandemic,
Wall Street banks are reporting earnings that challenge assumptions about consumer and business weakness amid inflation and recession fears.