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trump tariffs could disrupt inflation and widen trade deficit in us economy

President-elect Donald Trump's proposed tariffs on imports from China, Mexico, and Canada could disrupt inflation and investment, potentially reversing progress made by the Federal Reserve. Economists predict an 8% increase in import prices, pushing headline PCE above 3%, while also widening the trade deficit as companies may front-load imports in anticipation of the tariffs.
Yahoo Finance
Mexican Peso Chinese Yuan Canadian Dollar United States Dollar Barclays PLC Pantheon Macroeconomics CAN MEX USA Samuel Tombs Pooja Sriram Show more
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19:49 27.11.2024
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