Yellen warns Trump’s sweeping tariffs could ‘derail’ inflation progress
US Treasury secretary says broad trade penalties might ‘significantly raise costs to households’
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Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada
The premier of Canada’s largest province says he will cut off energy to the United States if President-elect Donald Trump imposed sweeping tariffs on all Canadian productsABC News - 9m -
Yellen 'sorry' more progress wasn't made on deficit
Treasury Secretary Janet Yellen is concerned about the nation’s “fiscal sustainability” this week and said she’s “sorry” that “more progress” wasn’t achieved during the Biden administration. ...The Hill - 5h -
Bank of Canada warns Trump’s tariffs will ‘dramatically’ hit growth
Central bank has slashed borrowing costs five times this year in an effort to combat unemployment and boost growthFinancial Times - 6h -
Hot Inflation Won’t Derail the Stock Market’s Record Year
November CPI is seen rebounding to its highest level since July but the Fed is still seen cutting rates this month.Inc. - 2d -
Trump’s tariffs didn’t spark inflation last time? Here’s the trouble with that defense.
When allies of President-elect Donald Trump address one big criticism of his tariff plans — that the levies would boost inflation at time when Americans are already frustrated with elevated prices ...MarketWatch - 4d -
Safran warns of Trump tariff hit to aerospace sector
French jet-engine maker sets ‘exceptionally conservative’ forecastsFinancial Times - 6d -
Trump’s tariff threats could open the door to China
The elephant in the room is China, the other nation Trump has vowed to hit with tariffs.The Hill - 6d -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Trump Tariff Threat Spurs Malaysian Warning to China Not to ‘Rebadge’ Products There
A senior trade official cautions Chinese companies to not invest there if they only want to mask their merchandise’s country of origin.Inc. - Dec. 2
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