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potential us tariffs on canada and mexico could raise inflation significantly
Deutsche Bank warns that a potential 25% tariff on imports from Canada and Mexico could raise the core Personal Consumption Expenditures (PCE) price index by 1.4%, significantly impacting U.S. inflation. Analysts suggest that if the tariff affects all production stages, core inflation could rise by 80 to 110 basis points, posing challenges for the Federal Reserve.
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