Fed's Goolsbee warns of potential inflationary impact of tariffs
Chicago Federal Reserve President Austan Goolsbee warned on Wednesday that ignoring the potential inflationary impact of tariffs would be a mistake, citing the COVID-19 pandemic experience where supply chain disruptions drove up inflation.
President Donald Trump agreed to a 30-day pause on tariff threats against Mexico and Canada in exchange for enhanced border ...
President Trump’s new tariffs on Canada, Mexico and China could hit the electric vehicle, solar, battery and wind industries ...
Tariffs proposed by President Donald Trump could disrupt supply chains and stoke inflation, much like the cascade of price increases that ripped through the economy during the pandemic, one official ...
Tariffs are now in effect on goods from China, and imports from Canada and Mexico could be next (again). Americans are likely to see higher prices on a wide variety of products as a result.
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The new round of tariffs on goods coming from China might have a larger impact on inflation this time, Chicago Fed President Austan Goolsbee said on Wednesday at the Annual Automotive Insights ...
In a survey conducted in December and early January, many said they expected Trump to impose tariffs of up to 50 percent on U.S. trade partners. About 40 percent said they are likely to stockpile ...
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China says it will counter President Trump's tariffs on Chinese products with tariffs of its own on multiple U.S. imports. It ...
CFO Adam Rymer told Yahoo Finance that the company is keeping a "close eye" on the fluid tariff situation. The Trump ...
By Monday morning, Trump had partially paused the policy. But that hasn’t stopped worries in Alaska. The tariffs could ...
The world's two biggest economies are on the brink of an economically destructive trade war. Here's what experts think could ...
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