Dow futures sink 1,300 points after Trump defends tariffs as ‘medicine’ to fix trade deficit
"I don’t want anything to go down, but sometimes you have to take medicine to fix something," Trump told reporters.
Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth
US Fed Chair Jerome Powell says the Trump administration’s expansive new tariffs will likely lead to higher inflation and ...
Fed's Powell addresses Trump's tariffs, says officials' job is to contain inflation
Fed's Powell said the economy is in "good place," and officials must keep inflation controlled. His remarks suggest the ...
Here's why experts think Trump's tariffs could hurt the U.S. economy
Mr. Trump has said the two new tariffs he unveiled Wednesday — a 10% universal duty on all U.S. imports and so-called ...
Tariffs Will Increase Inflation, Jerome Powell Warns—As Trump Pressures Fed To Cut Rates
Federal Reserve Chair Jerome Powell said Trump tariffs are likely to raise inflation and slow economic growth.
What Do Trump's Tariffs Mean For the Federal Reserve's Fight Against Inflation?
The Federal Reserve's fight against inflation just got more complicated as President Donald Trump's tariffs could push up ...
Fed Chair Powell says he expects Trump's tariffs will hike inflation and slow growth
"While tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible the effects will be ...
Trump tariffs to slow Australia's economy but recession not expected, Treasurer says
Australia will be able to manage the direct impact of U.S. President Donald Trump's tariffs but economic growth will take a ...
A $2,300 iPhone? What Trump tariffs could mean for your next Apple purchase
Would you pay $2,300 for an iPhone? President Donald Trump imposed 20% tariffs on China after taking office in January. Under ...