Trump tariffs to stoke US food inflation despite pledge to lower costs

Reuters

Summary

88:88
While it’s not certain yet what types of goods will be most affected, multiple experts quoted in the previous HuffPost story pointed to personal electronics like laptops and tablets as one category that could see price hikes.
HuffPost
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But inflation still looked sticky, as previewed in Thursday's GDP report — a concern for the many economists who believe tariffs will make above-normal price pressures harder to beat.
Axios
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Trump Tariff Playbook Starts With Price Increases for Manufacturers
Bloomberg News
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As President Donald Trump threatens to impose his first tranche of tariffs on the world Saturday, Chinese manufacturers are bracing for impact.
CNBC

■ Story #15 ▪

issue 88:88 ▪

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updated 88:88

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