THIS IS A BREAKING NEWS UPDATE: (AP) Worries about President Donald Trump’s tariffs are hurting U.S. stocks. The S&P 500 sank ...
But goods inflation is important to consumers, who can vote with their wallet on whether to go out to the theaters (service) or to stay in and do some retail therapy online (goods). As the latter ...
Markets have tumbled this morning after Trump announced tariffs on Mexico, Canada and China – with the threat that Europe is ...
Given that trade between Mexico, Canada and the US is so closely intertwined, the agency added, disrupting these chains will result in chaos, high inflation rates, and significant job losses ...
The move fulfills campaign promises but also sparked retaliatory moves that could signal an extended trade war with key ...
Falling housing and electricity prices also contributed to January's slowing inflation rate, as did a drop in recreation and ...
Donald Trump imposed tariffs on goods from Mexico, Canada and China over the weekend. The US President said tariffs are ...
The Budget Lab at Yale University estimates Trump’s tariffs would cost the average American household $1,000 to $1,200 in annual purchasing power.
Canadian manufacturing activity increased at a slower pace in January as looming U.S. trade tariffs reduced confidence in the ...
The cost of aluminium for consumers in Europe buying on the physical market has dropped due to expectations that Canadian shipments under U.S. tariffs from Tuesday will be diverted, physical market ...
By following through on his tariffs campaign pledge, Trump may also have simultaneously broken his promise to voters in last year's election that his administration could quickly reduce inflation.
There are four factors covering inflation and investor sentiment that investors should watch as they monitor the impact on markets of the first round of tariffs, according to Michael Metcalfe, head of ...