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News

Trump, Tariffs and Inflation

NBC News on MSN · 2d
Yellen expects Trump's tariffs will hike inflation to 3% year over year
Former Treasury Secretary Janet Yellen predicts President Donald Trump’s tariffs will cause prices to rise and average household income to fall, despite a slowing trend in the U.S. inflation rate.“I would expect inflation,
The Wall Street Journal on MSN · 2d
Economists Explain Why Trump’s Tariffs Haven’t Sparked Inflation Yet
Consumer prices rose 2.4% year-over-year in May, defying fears that President Trump’s tariffs could lead to higher inflation. Here’s why economists think that will change in the coming months.
MiBolsilloColombia on MSN · 1d
Can inflation stay quiet under Trump's new tariffs?
Despite Trump’s tariffs, inflation stayed stable in May due to lower gas prices, though warning signs and Fed caution persist.
The Hill2mon
Yellen slams Trump tariff agenda as ‘worst self-inflicted policy wound’
Former Treasury Secretary Janet Yellen weighed in on the Trump administration ... The reciprocal tariffs do not impact Mexico or Canada, which both face a 25 percent import tax on goods not ...
USA Today1mon
Trump says tariff revenue could replace income taxes. Why economists disagree.
"There is a chance that the money from tariffs could be so great that it would replace (the income tax).” The idea may sound appealing, but economists who spoke to USA TODAY say Trump's ...

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